Oman Cement posts 25% rise in H1 profits

Mubasher: Oman Cement Company’s profits for the first six months of 2016 rose 24.9% to OMR 6.8 million, versus OMR 5.4 million in the same period of 2015.

Revenues reached OMR 30.1 million in H1-16; 18%; up from OMR 25.5 million in H1-15, according to a bourse filing released on Tuesday.

The Muscat-listed company’s earlier reported a net profit of OMR 3.84 million for Q1-16, rising 0.26% from OMR 3.83 million in Q1-15.

Mubasher Contribution Time: 12-Jul-2016 08:24 (GMT)
Mubasher Last Update Time: 12-Jul-2016 08:24 (GMT)