Now Reading
Oman Cement Q1 Net Profit Falls 47%

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.

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.

© 2020 MOTIVATE MEDIA GROUP. ALL RIGHTS RESERVED.

Scroll To Top