Oman Cement records RO 4.1 million profit in first half of 2023

image : OCC
image : OCC

Muscat: Oman Cement records RO 4.190 million profit in first half of 2023 as compared to RO 3.174 million for the corresponding period of previous year.

In a disclosure to Muscat Stock Exchange the company said: “Board of Directors of Oman Cement Company (SAOG) has approved the unaudited interim financial statements of the company for the six months period ended 30 June 2023 in its meeting held on 24 July 2023.

The Company has recorded a total revenue of RO 33.923 million in the six months ended 30 June 2023 as compared to RO 33.607 million in the corresponding period of the previous year.

The profit after providing for tax of the Company for the six months ended 30 June 2023 amounts to 4.190 million as compared to RO 3.174 million for the corresponding period of previous year.

The detailed financial statements will be uploaded on the electronic system of MSX website.”

 

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