Oman Cement garners OMR 15.94mn in revenues in Q1 2015

Oman's cement manufacturing company, Oman Cement has garnered OMR 15.94 million (€38.91 million/US$41.42 million) in revenues in the January-March 2015 period, noting a year-on-year increase of 10.6%. Its net profit also followed similar upward trend during the quarter under review, with an increase of 3.7% to reach OMR 3.83 million.
April 15, 2015 Read time: 1 min

Oman's cement manufacturing company, Oman Cement has garnered OMR 15.94 million (€38.91 million/US$41.42 million) in revenues in the January-March 2015 period, noting a year-on-year increase of 10.6%.

Its net profit also followed similar upward trend during the quarter under review, with an increase of 3.7% to reach OMR 3.83 million.

Related Content

July 14, 2015

Oman Cement sees 40% net profit drop in H1

Oman Cement has recorded a 40% drop in its net profit in the January to June 2015 period from OMR 9.09million (€21.23million US$23.62million) in the same period in 2014, to OMR 5.44million. The cement producer has registered a 7.7% decline in its total revenue in the six months under review to OMR 27.33million. It has posted a marginal decrease in its sales revenue in the period under review from OMR 25.68million in the same period in 2014, to OMR 25.53million. Investment and other income dropped by 54.1% i

boombox1

Highlighted Content

boombox2