Economy & Market

Rising profits at Raysut Cement

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According to a statement released by Raysut Cement to Muscat?s stock exchange, it recorded a profit of OMR8.23 million in the quarter ended 31 March 2014. The figure represents a slight increase from OMR8.17 million recorded in the same period a year earlier. First quarter revenue stood at OMR24.82 million, decreasing from OMR25.22 million in the first quarter of 2013. Raysut Cement is currently Oman?s largest cement manufacturer.

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