c, during which over $233,000 (OR: 90,000) was taken.
In a brief statement to the Muscat Securities Market, the firm s chief executive officer Jamal Shamis Al Hooti said that burglars broke into the the firm s sales department and stole the money on the evening of last Thursday, May 9.
He added that the company s insurance firm has been notified about the incident.
Oman Cement is one of the country s two quoted cement producers and is based in the Rusayl Industrial Area - 32km from Muscat International Airport and 60km from the city s Port Sultan Qaboos.
In the three months to March 30, the company reported a 35% rise in net profits to $17.9m as sales grew by 12% to $40.7m.
Source:
http://www.uaecement.com/newsDetail.aspx?id=866
