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- China's Sinopec Signs Joint Venture Agreement with Saudi Aramco Worth $4 Billion
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11/10/2016 08:04 AST
Oman Cement Company on Monday said that the company has achieved a 38.78 per cent growth in net profit at OMR9.68 million for the first nine months of 2016, against OMR6.98 million posted for the same period of last year.
The company's revenue also grew by 12.45 per cent to OMR43.75 million for January-September period of 2016, from OMR38.90 million for the same period of last year, according to a disclosure statement posted on MSM website.
Total expenses also showed a growth of 5.93 per cent to OMR32.86 million from OMR31.02 million during the period under review. In fact, sales income also grew by 12.18 per cent to OMR42.30 million from OMR37.71 million during the period. Also, investment and other income moved surged ahead by 20.91 per cent to OMR1.45 million by end-September 2016 from OMR1.20 million for the same period of 2015.
The financial results are initial, unaudited and are yet to be approved by audit committee and board of directors of the company.
Times of Oman
14/10/2015
Oman Cement said its sales revenue increased to RO 12.180 million for the Q3 of 2015 achieving an increase of 4 per cent on year-on-year basis. At the same time on a quarter-on-quarter basis the sale
Oman Daily Observer
22/07/2015
Doubling of the natural gas price from January this year has substantially pulled down the net profit of Oman Cement Company, the second biggest cement producer in the Sultanate, by 40 per cent to O
Times of Oman
20/03/2014
We are pleased to inform that as per the decision issued by the Council of Ministers regarding the restructuring of the Board of Directors of Oman Cement Company, the members representing the governm
Press Release
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ALPHADHABI | 11.18 | 0.24 (2.19 |
| IQCD | 12.53 | 0.16 (1.29 |
| ADNOCLS | 4.62 | 0.22 (5.00 |
| NMDC | 24.70 | 0.66 (2.74 |
| ADPORTS | 3.99 | 0.09 (2.30 |
29/04/2025
China's state-run Sinopec said on Monday it had signed an agreement with a unit of Saudi Aramco to establish a joint venture company aimed at operating ports, transporting crude oil, and providing ot
Asharq Al Awsat
29/04/2025
Gulf Bank has officially released its Fifth Annual Sustainability Report for the year 2024, titled "From Vision to Execution", highlighting the Bank's advancements in sustainability in line with Kuwa
Kuwait Times
29/04/2025
In an interview with CNBC International, Shaikha Al-Bahar, Deputy Group Chief Executive Officer of National Bank of Kuwait (NBK) affirmed the Group's commitment to maintaining excellence and fosterin
Kuwait Times
29/04/2025
Borouge today announced a series of strategic asset expansion projects to accelerate its growth, contributing annually between $165 million and $200 million (AED600 million - AED730 million) in EBITD
Trade Arabia
29/04/2025
Saudi developer Emaar, The Economic City has signed final agreements with four local banks to reschedule SR3.39 billion ($904 million) in existing debt and secure a new credit facility.
In a
Arab News
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