Raysut Cement Group sold 3.332 million tonnes of cement during the year against 2.922 million tonnes in 2017

Raysut Cement Group as a whole produced 3.398 million toones of clinker and 3.326 million tonnes of cement during the year 2018, against 2.967 million tonnes of clinker and 2.913 million tonnes of cement in 2017. The overall production of clinker is higher by 14.53 per cent and cement by 14.18 per cent.

The parent company in its Salalah plant produced 2.051 million tonnes of cinker and 2.110 million tonnes of cement during the year 2018, against 1.677 million tonnes of clinker and 1.739 million tonnes of cement in 2017. Overall, there is an increase in clinker production by 22.30 per cent and cement by 21.33 per cent as compared to 2017.

At Pioneer Cement, a subsidiary company plant in UAE, the production of clinker and cement stood at 1.347 million tonnes and 1.216mn tonnes respectively during the year, against 1.290 million tonnes of clinker and 1.174 million tonnes cement respectively in 2017. Clinker production is higher by 4.42 per cent and cement by 3.58 per cent, as compared to 2017.

Increase in sales
The group as a whole has sold 3.332 million tonnes of cement during the year against 2.922 million tonnes in 2017. Overall, there is an increase by 14.03 per cent in sales of cement. Increase in volume is attributable partly to change in product mix and partly to the change in pricing policy. Further, the group has disposed-off 1.021 million tonnes of dead stock of clinker during the year. During the year, the group has earned a revenue of RO90.98mn against RO71.87mn in 2017, an increase by 26.58 per cent. The main reason is the increased volume of sales due to partly the change in product mix and partly the change in pricing policy. The profit before tax of the group stood at RO1.04mn, as against RO8.03mn in 2017, a decrease by 87.05 per cent.