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News Raysut Cement’s turnover grows in first half of 2018

Raysut Cement’s turnover grows in first half of 2018

Written by Global Cement staff 16 July 2018
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Oman: Raysut Cement’s turnover grew by 14.5% to US$111m in the first half of 2018 from US$97.2m in the same period in 2017. However, its profit after tax fell by 85% to US$1.8m from US$12m. The cement producer also noted that it is expected to receive US$10m from insurance claims relating to a loss of a ship and other claims relating to Cyclone Mekunu.

Last modified on 18 July 2018
Published in Global Cement News
Tagged under
  • Oman
  • Raysut Cement
  • Results
  • weather
  • Shipping
  • GCW362
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