Oman: Oman Cement Company reported a net profit of US$12.2m in the fourth quarter of 2015, a 172% year-on-year rise and a 208% quarter-on-quarter rise. Sales revenues were US$37.7m, a rise of 4% year-on-year.
The company did not provide further details on cement unit sales or prices, but it is possible that the company may have been able to sell a larger-than-expected quantity of cement during the quarter.
