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- Yuan sinks to 19-month low as China loosens currency grip
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28/02/2017 08:35 AST
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 recommendation is subject to the approval of the shareholders in the annual general meeting, which will be held on March 14, 2017.
The company has achieved a consolidated net profit of OMR20.71 million in 2016, against OMR20.95 million for the previous year, according to a disclosure statement posted on the MSM website. The board has also approved the audited financial statements of the company.
The company's total revenue declined by 2.2 per cent to OMR92.59 million in 2016, against OMR94.68 million in 2015. Cost of sales increased to OMR61.22 million from OMR59.18 million. The company's basic earnings per share stood at 104 baisas by the end of December 2016, against 105 baisas for the same period of last year.
Times of Oman
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
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
16/01/2017
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 mill
Gulfnews
| 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.
P.O. Box 69410, Jeddah 11547, Saudi Arabia