Raysut Cement’s revenue falls by 2% to US$240m in 2016

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Oman: Raysut Cement’s revenue has fallen by 2% year-on-year to US$240m in 2016 from US$246m in 2015. Its profit after tax rose by 1% to US$55m from US$54m. Previously the cement producer reported that it had faced ‘severe’ price competition and volatility in the export market.

Last modified on 18 January 2017

URL: https://www.globalcement.com/news/item/5674-raysut-cement-s-revenue-falls-by-2-to-us-240m-in-2016

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