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  4. Raysut Cement reports drop in profit

Raysut Cement reports drop in profit

Published by
 World Cement,

Reuters are reporting that Oman's Raysut Cement has reported a 22.7% drop in Q3 net profit.

Raysut Cement reports drop in profit

Reuters are reporting that Oman's Raysut Cement has reported a 22.7% drop in Q3 net profit.

The company recorded a net profit of 3.75 million rials (US$9.75 million) in the three months ending 30 September, compared to 4.85 million rials a year earlier.

Raysut’s nine-month net profit stands at 16.66 billion rials, up from 15.81 million rials a year ago.

Read the article online at: https://www.worldcement.com/africa-middle-east/19102016/raysut-cement-reports-drop-in-profit/

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