Home Industry Finance Oman Cement Q1 Net Profit Falls 47% The company’s net profit fell to 3.70 million rials ($9.61 million) in the first quarter of the year compared to 6.94 million rials in the same period of 2013. by Reuters April 29, 2014 Follow us Follow on Google News Follow on Facebook Follow on Instagram Follow on X Follow on LinkedIn Oman Cement reported a 47 per cent drop in first quarter net profit on Tuesday, trailing analyst forecasts. The company’s net profit fell to 3.70 million rials ($9.61 million) in the first quarter of the year compared to 6.94 million rials in the corresponding period of 2013. Four analysts polled by Reuters had forecast on average a quarterly net profit of 5.1 million rials. 0 Comments