Oman's Raysut Cement drop 2.4% in Q2
Save to read list
Joseph Green Editor
Thursday, 14 July 2016 09:30
According to multiple sources, Oman's Raysut Cement reported a 2.4 % decrease in second-quarter net profit.
The cement firm made 4.82 million rials (US$12.52 million) in the three months ending June 30.
This compared with 4.94 million rials in the same period of 2015.
Forecasts predicted a quarterly net profit of 5.58 million rials.
The company posted a first-half profit after tax of RO12.91 million, compared to RO10.96 million a year ago.
Edited from sources by
Joseph Green. Sources: Zawya, Trade Arabia
Read the article online at: https://www.worldcement.com/africa-middle-east/14072016/oman-raysut-cement-drop-q2-528/
You might also like
Over the coming weeks, World Cement will be hosting a series of technical webinar presentations from KHD! Each presentation will be led by industry experts and provide a detailed discussion of KHD’s product offerings to the cement industry.
Find out more and register for the series »
Thursday 13 August 2020 09:57
According to Libya’s state news agency LANA, the cement transport ship NS Spirit has arrived at its port, carrying 4 400 tons of bulk cement.