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11/10/2016 08:04 AST
Oman Cement Company on Monday said that the company has achieved a 38.78 per cent growth in net profit at OMR9.68 million for the first nine months of 2016, against OMR6.98 million posted for the same period of last year.
The company's revenue also grew by 12.45 per cent to OMR43.75 million for January-September period of 2016, from OMR38.90 million for the same period of last year, according to a disclosure statement posted on MSM website.
Total expenses also showed a growth of 5.93 per cent to OMR32.86 million from OMR31.02 million during the period under review. In fact, sales income also grew by 12.18 per cent to OMR42.30 million from OMR37.71 million during the period. Also, investment and other income moved surged ahead by 20.91 per cent to OMR1.45 million by end-September 2016 from OMR1.20 million for the same period of 2015.
The financial results are initial, unaudited and are yet to be approved by audit committee and board of directors of the company.
Times of Oman
14/10/2015
Oman Cement said its sales revenue increased to RO 12.180 million for the Q3 of 2015 achieving an increase of 4 per cent on year-on-year basis. At the same time on a quarter-on-quarter basis the sale
Oman Daily Observer
22/07/2015
Doubling of the natural gas price from January this year has substantially pulled down the net profit of Oman Cement Company, the second biggest cement producer in the Sultanate, by 40 per cent to O
Times of Oman
20/03/2014
We are pleased to inform that as per the decision issued by the Council of Ministers regarding the restructuring of the Board of Directors of Oman Cement Company, the members representing the governm
Press Release
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ALPHADHABI | 11.60 | 0.02 (0.17 |
| IQCD | 13.14 | -0.02 (-0.16 |
| ADNOCLS | 5.31 | -0.01 (-0.19 |
| ADPORTS | 4.20 | 0.03 (0.71 |
| NMDC | 23.72 | -0.16 (-0.68 |
27/08/2025
OQ Exploration and Production (OQEP) on Tuesday announced the successful commissioning of the Bisat-C Expansion Facilities in its flagship Block 60 licence. Crude oil officially began flowing to the
Muscat Daily
27/08/2025
AD Ports Group, a global enabler of integrated trade, transport, industry, and logistics solutions, has signed an agreement to develop a digital Single Logistics Trade Window solution for Angola's tr
Trade Arabia
27/08/2025
The DFM-listed dairy company Unikai has removed the 49% ceiling on shareholding allowed to GCC investors. From now on, they are eligible to go all the way up to 100% in Unikai, whose brands have a fa
Gulfnews
27/08/2025
Dubai Investments, a leading investment company listed on the Dubai Financial Market in the UAE, through its wholly owned subsidiary Globalpharma - UAE's leading pharmaceutical manufacturer, has sign
Khaleej Times
27/08/2025
Maaden Bauxite and Alumina Company (MBAC), a subsidiary of Saudi Arabian Mining Company (Maaden), one of the world's fastest-growing mining companies, has signed a power purchase agreement (PPA) with
Trade Arabia
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia