MASCAT: Oman’s Raysut Cement gained profit of 6.55 million rials ($17.0 million) in last three months, almost 9.2 percent increase in fourth-quarter profit after tax.
The company made to Dec. 31, up from 6.00 million rials in the prior-year period, analysts calculated based on the company’s financial statements.
Analysts polled on average forecast Raysut’s quarterly profit would be 7.55 million rials.
The firm made a profit of 27.43 million rials in 2014, versus a profit of 27.53 million rials in 2013, according to a statement to Muscat’s bourse.