Oman: Raysut Cement reported a 21.5% drop in fourth-quarter net profit, according to Reuters’ calculations. The largest cement firm by market value in the sultanate made US$13.4m in the three months ending 31 December 2015, compared with US$17.0m in 2014. Raysut’s net profit for 2015 was US$54.6m, down by 23.6% on the US$71.2m it earned in the previous year.
Raysut Cement profit drops by a fifth in fourth quarter
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