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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 | 10.82 | 0.32 (3.04 |
| IQCD | 12.13 | -0.04 (-0.33 |
| ADNOCLS | 4.26 | -0.02 (-0.47 |
| ADPORTS | 3.98 | -0.09 (-2.22 |
| NMDC | 21.88 | 0.08 (0.36 |
10/04/2025
The Dubai-based Al Ansari Financial Services is now the GCC's biggest non-banking financial services company.
The DFM-listed Al Ansari - which also operates the UAE's biggest remittance firm
Gulfnews
10/04/2025
Kuwait-based real estate development company Mabanee and global hospitality major Hilton has announced the signing of an agreement for the development of its prime project - Hilton Kuwait Resort - th
Trade Arabia
10/04/2025
Beyon Cyber, part of the Beyon Group, has been recognized with three major accolades at the 2025 Cyber Security Excellence Awards, one of the industry's most renowned awards, voted on by the global c
Trade Arabia
10/04/2025
Estithmar Holding Q.P.S.C. announced the results of the ordinary and extraordinary general assembly meeting held on April 9, 2025, to elect 11 members for the Board of Directors of Estithmar Holding
Gulf Times
10/04/2025
Saudi Aramco has made a series of groundbreaking oil and gas discoveries in the Eastern Province and the Empty Quarter, further cementing Saudi Arabia's position as a global energy leader.
A
Arab News
Financial Information Co.
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