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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 | 9.39 | 0.03 (0.32 |
| IQCD | 12.06 | -0.03 (-0.25 |
| MODON | 3.40 | 0.03 (0.89 |
| ADNOCLS | 5.75 | 0.05 (0.87 |
| ADPORTS | 4.49 | -0.01 (-0.23 |
06/02/2026
Over three days at the Kuwait Oil & Gas Show and Conference (KOGS 2026), National Bank of Kuwait took part in dynamic networking activities, expert-led discussions, and targeted knowledge-sharing eng
Kuwait Times
06/02/2026
AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, on Thursday signed a 30-year concession agreement with Aqaba Development Corporation (ADC) to manage an
Trade Arabia
06/02/2026
NMDC Group, a global leader in engineering, procurement, construction and marine dredging, today announced a strong set of financial results for 2025, reporting revenues of AED28.8 billion ($7.84 bil
Trade Arabia
05/02/2026
Invest Qatar, the Investment Promotion Agency of Qatar, and Doha Bank have announced a strategic partnership aimed at further enhancing the ease of doing business for foreign investors entering the Q
Gulf Times
05/02/2026
In celebration of Kuwait's national holidays, in which the country commemorates its beautiful history and achievements, National Bank of Kuwait announced a limited-edition issuance of KWD Visa Prepai
Kuwait Times
Financial Information Co.
Saudi Arabia