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Raysut Cement falls to 1-yr low

Raysut Cement falls to 1-yr low
(Photo Credit: Arabianeye-Reuters)
Raysut Cement
RCCI
0.00% 0.12 0.00

Mubasher: Raysut Cement Company’s stock dropped to its lowest level in over a year in Wednesday’s trades.

The stock declined 2.24% to close at OMR 1.09, registering the lowest level since 19 April 2016.

The company’s profits decreased 61.77% to OMR 3.09 million in the first quarter in 2017, compared to OMR 8.08 million in Q1-16.