(MENAFN- Muscat Daily) Oman Cement Company has announced a 8.5 per cent decline in net profit for the year 2013 to RO16.02mn, as against RO17.51mn in the year 2012.
The board of directors of the company have approved the results and recommended a dividend of 35 per cent of the capital (35bz per share).
The results and dividend payment are subject to the approval of the shareholders in company's annual general meeting (AGM) scheduled to be held on March 19, 2014.
The company's total revenue decreased by 4.9 per cent to RO56.3mn from RO59.3mn in the previous year.
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