16/01/2017 06:06 AST

Oman's Raysut Cement reported a 11.9 per cent decrease in fourth-quarter net profit on Sunday, according to Reuters calculations. Net profit rested at 4.53 million riyals (Dh43.3 million, $11.78 million) in the three months ending December 31 versus 5.14 million riyals a year earlier.

Reuters calculated based on financial statements in lieu of a quarterly breakdown. And EFG Hermes forecast was 5.50 million riyals net profit. Raysut's full-year net profit was 21.19 billion riyals, up from 20.95 million riyals a year ago, a bourse statement said.


Gulfnews

Raysut Cement inaugurates new packing machine

27/03/2018

Raysut Cement Company, the regional leader and largest producer of cement in Oman, recently inaugurated its new state of the art fully automatic packing machine.

The new packer, installed

Times of Oman

Raysut Cement shareholders approve proposal to sell Oman Portuguese Ce

27/07/2017

Raysut Cement said its shareholders have approved a proposal to sell Oman Portuguese Cement Products Co. to Opal Development Co.

The decision was taken at an extraordinary general meeting

Times of Oman

Raysut Cement proposes 65 per cent cash dividend

28/02/2017

Raysut Cement Company, the Sultanate's biggest cement producer, on Monday proposed a cash dividend of 65 per cent for 2016. A year earlier, it had paid 50 per cent dividend. The board's recommendatio

Times of Oman

Ticker Price Volume
RCCI Sector Market
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
ALPHADHABI 9.78 -0.26 (-2.59%)
IQCD 12.30 0.30 (2.50%)
MODON 3.33 -0.09 (-2.64%)
ADNOCLS 5.53 -0.03 (-0.54%)
ADPORTS 4.41 -0.15 (-3.29%)
Energy is at the heart of AI revolution, says Aramco executive

26/11/2025

AI is driving generational opportunity across every industry, society, and economy - but at the crux of this global transformation is the crucial relationship between AI and energy, Aramco's Executiv

Arab News

Saudi FM company Efsim plans IPO, to list 30pc shares

26/11/2025

Efsim Facilities Management Company, a leading provider of integrated facilities management (IFM) services across the Kingdom of Saudi Arabia, today (November 25) announced its intention to proceed w

Trade Arabia

GFH Partners acquires majority stake in Devmark

26/11/2025

GFH Partners, a Dubai International Financial Center (DIFC) headquartered investment manager and the global real estate investment arm of GFH Financial Group, has acquired a majority stake in Devmark

Trade Arabia

Taqa, Sdeira launch landmark building retrofit project in Abu Dhabi

25/11/2025

Taqa Energy Services, a subsidiary of Abu Dhabi National Energy Company (Taqa), has signed an agreement with Sdeira Group, a subsidiary of AD Ports Group, to implement one of the emirate's largest bu

Trade Arabia

Al Akaria signs framework agreement for Expo 2030 Riyadh early works

25/11/2025

Saudi Real Estate Company (Al Akaria) has announced the signing of a framework agreement with Expo 2030 Riyadh Company to execute the early works for the Expo 2030 Riyadh project.

The contra

Trade Arabia