Oman Cement announced its financials in a bourse filing to the Muscat Securities Market (MSM) and reported a 13% decline in profits after taxes to OMR 13.15 million ($34.3 million) against OMR 15.1 million ($39.36 million) by the end of 2013.

The Company had reported a profit of OMR 11.4 million during the first nine months of 2014, a decline by 8.2% compared to figures from the corresponding period the year before.

Oman Cement has set March 18, 2015 for its ordinary general meeting (OGM), which will discuss the Board’s recommendation of a dividend representing 30% of capital, amounting to OMR 0.30 per share.