Manufacturing
Raysut Cement returns to profit with RO2.71 million net earnings in H1 2026
Raysut Cement Company witnessed a radical transformation in its financial performance during the first half of 2026, as it succeeded in returning to a path of profitability, achieving positive results that reflect the success of its operational and financial strategies.
The unaudited preliminary financial results for the first six months of 2026 showed a tangible improvement in all key indicators compared to the same period last year and recorded strong growth of 26.3 percent, as its revenues increased from RO41.34 million in June 2025 to RO52.20 million in June 2026.

Eng. Ali bin Abdullah Al-Zadjali, Chairman of the Board of Directors of Raysut Cement Group, confirmed that the company succeeded in turning losses from the same period last year, which amounted to about RO2.58 million, into net profits of RO2.71 million in the first half of 2026.
He said in a statement to the Oman News Agency that these positive results reflect Raysut Cement Company’s high ability to manage costs and expand its revenue base efficiently, its commitment to achieving added value for its shareholders, and its strengthening of its position as a major shareholder in the cement sector, overcoming previous challenges.
-
Economy1 month agoOMIFCO IPO: Price, Dividends, Subscription Dates and Listing – Here’s Everything You Need to Know
-
Magazines4 weeks agoOER May 2026 Edition: The Digital Copy
-
News1 week agoINVESTIGATION: Why Nokia Could Matter More in the Quantum Age Than It Ever Did in Mobile
-
Investment3 weeks agoWhy Are Tech Stocks Rising Again – And Is It Too Late To Invest In Them?
-
Economy2 weeks agoOMIFCO Successfully Completes Bookbuilding & Sets Final IPO Offer Price
-
Economy1 month agoSpaceX’s US$2T Historic Market Debut: Is SPCX Worth the Hype and How Can Oman Investors Buy It?
-
Banking & Finance1 month agoOman Arab Bank marks successful listing of $400mn AT1 Bond on London Stock Exchange
-
Magazines1 month agoSignature Oman: May 2026 Edition
