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FINANCIAL NEWS
Omani Raysut Co net profit hits USD40.34m in H1
12 Aug 2014
(MENAFN) Raysut Cement Company”s net profit registered at USD40.34, rising 5.9 percent in the first half of 2014, Muscat Daily reported.
The Group’s revenue, on the other hand, went down to USD128.149 from USD128.22 million.
The parent company, which work focuses on the Salalah region, registered a sale revenue of USD92.20 million in the same period compared to USD94.07 million in 2013.
Its UAE subsidiary Pioneer also had an increase in their revenue from USD36.7 million in the first half of 2013 to USD37.64 million this year, rising a 2.5 percent.
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