Mubasher: Raysut Cement Company (RCC) reported a decline by 22.5% in its third-quarter profits, according to a bourse statement.

Profits reached OMR 3.76 million ($9.7 million) in Q3-16, compared to OMR 4.85 million ($12.6 million) in Q3-15.

Moreover, net profits increased 5% to stand at OMR 16.66 million in the nine months of 2016, from OMR 15.81 million in the same period of 2015.