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Raysut Cement profits fall 2% in Q2

Raysut Cement profits fall 2% in Q2
Net profits stood at OMR 12.9 million in H1-16 (Photo Credit: Arabianeye-Reuters)
Raysut Cement
RCCI
0.00% 0.09 0.00

Mubasher: Raysut Cement Company (RCC) reported a decline by 2% in its second-quarter profits, according to a bourse statement.

Profits reached OMR 4.8 million in Q2-16, compared to OMR 4.9 million in Q2-15.

Moreover, net profits stood at OMR 12.9 million in the first half of 2016, an increase of 17.8% from OMR 10.96 million in the same half of 2015.