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