Economy & Market
Rising profits at Raysut Cement
According to a statement released by Raysut Cement to Muscat´s stock exchange, it recorded a profit of OMR8.23 million in the quarter ended 31 March 2014. The figure represents a slight increase from OMR8.17 million recorded in the same period a year earlier. First quarter revenue stood at OMR24.82 million, decreasing from OMR25.22 million in the first quarter of 2013. Raysut Cement is currently Oman´s largest cement manufacturer.