Oman Cement sees 9% decline in 1H20 profit

Oman Cement Co has reported an 8.7 per cent decline in net profit after tax to OMR2.1m (US$5.46m) for the first half of 2020, compared to OMR2.3m in the 1H19.

However, the company’s total revenue edged up 1.1 per cent to OMR26.4m from OMR26.1m.