GulfBase Live Support
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.
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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
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| Ticker | Price | Volume |
|---|
| 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 |
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