Last Updated : GMT 09:40:38
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Thursday 10 July 2025
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
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MSM website

Raysut Cement proposes 65 per cent cash dividend

Themuslimchronicle, themuslimchronicleRaysut Cement proposes 65 per cent cash dividend245183/83
Muscat - Arab Today
Raysut Cement Company, the Sultanate’s biggest cement producer, on Monday proposed a cash dividend of 65 per cent for 2016. A year earlier, it had paid 50 per cent dividend. The board’s recommendation is subject to the approval of the shareholders in the annual general meeting, which will be held on March 14, 2017. The company has achieved a consolidatedRead more

Bank Sohar board proposes 15 per cent dividend

Themuslimchronicle, themuslimchronicleBank Sohar board proposes 15 per cent dividend235240/243
Muscat - Arab Today
Bank Sohar’s board has proposed a cash dividend of 5 per cent and a stock dividend of 10 per cent of the share capital. The dividend proposal and financial statement of the bank are subject to the approval of the regulators and shareholders of the bank, according to a disclosure statement posted on MSM website.  The bank has achieved aRead more

BankDhofar’s net profit grows to OMR48m

Themuslimchronicle, themuslimchronicleBankDhofar’s net profit grows to OMR48m231120/243
Muscat - Arab Today
BankDhofar said that its consolidated net profit grew by 1.83 per cent to OMR47.62 million for 2016, from OMR46.76 million for the previous year. The bank’s net loans and advances also rose by 9.5 per cent to OMR2,988.59 million from OMR2,729.31 million during the period under review, according to a disclosure statement posted on MSM website.  Deposits from customerssurged aheadRead more

Raysut Cement profits increase, despite dip in construction

Themuslimchronicle, themuslimchronicleRaysut Cement profits increase, despite dip in construction231113/85
Muscat - Arab Today
Raysut Cement, the largest cement producer in Oman, has reported a 1.02 per cent growth in net profitsof OMR21.17 million for 2016, against OMR20.95 million reached in 2015. The company has noted the growth in profits despite a marginal fall in revenues, along with slackness in the construction sector.  Total revenue of the company fell by 2.2 per cent toRead more

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