Oman Cement reports on first half of 2017

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Oman: Oman Cement has announced that its net profit after tax for the first half of 2017 was US$13m, a fall of 27% year-on-year compared to the same period of 2016 when it made US$17.7m. Its sales for the first half were US$76.4m, a smaller fall of just 2.3% compared to the first half of 2016, when sales were US$78.2m. This is indicative of higher input costs for the company.

Last modified on 19 July 2017

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