Oman’s Raysut Cement Co has seen its net loss after tax contract to OMR3.2m (US$8.3m) in the first half of 2021, compared to OMR10.9m in the same period of last year.
Total revenue remained largely consistent YoY at OMR45m from OMR44.8m in the 1H20.

Cement demand contracting sharply in USA
Weak business and consumer confidence, amid economic uncertainty, is weighing heavily on demand ...