GulfBase Live Support
16/01/2017 06:06 AST
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 million) in the three months ending December 31 versus 5.14 million riyals a year earlier.
Reuters calculated based on financial statements in lieu of a quarterly breakdown. And EFG Hermes forecast was 5.50 million riyals net profit. Raysut's full-year net profit was 21.19 billion riyals, up from 20.95 million riyals a year ago, a bourse statement said.
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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 recommendatio
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Ticker | Price | Volume |
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Ticker | Price | Change |
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ALPHADHABI | 10.94 | 0.00 (0.00 |
IQCD | 12.15 | -0.30 (-2.41 |
ADNOCLS | 4.40 | 0.02 (0.45 |
NMDC | 24.04 | 0.20 (0.83 |
ADPORTS | 3.90 | 0.01 (0.25 |
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