Reported Earnings • Mar 20
Full year 2025 earnings released: ر.ع0.08 loss per share (vs ر.ع0.065 loss in FY 2024) Full year 2025 results: ر.ع0.08 loss per share (further deteriorated from ر.ع0.065 loss in FY 2024). Revenue: ر.ع90.7m (up 29% from FY 2024). Net loss: ر.ع16.0m (loss widened 23% from FY 2024). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Annuncio • Mar 17
Raysut Cement Company SAOG, Annual General Meeting, Mar 30, 2026 Raysut Cement Company SAOG, Annual General Meeting, Mar 30, 2026, at 22:00 Arabian Standard Time. Annuncio • Mar 16
Raysut Cement Company Announces Resignation of Legal Head/Advisor and Board Secretary, Effective March 12, 2026 Raysut Cement Company (SAOG) announced that the Board of Directors convened its meeting on March 12, 2026. The Board of Directors has accepted the resignation of Mr. Abdullah Hamdan Al Darei from the positions of Company Legal Head/Advisor and Board Secretary, effective March 12, 2026, due to personal reasons. The Board will announce the appointment of a new Legal Head/Advisor and Board Secretary in due course. New Risk • Feb 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Omani stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Market cap is less than US$100m (ر.ع25.8m market cap, or US$67.0m). Reported Earnings • Jan 18
Full year 2025 earnings released: ر.ع0.053 loss per share (vs ر.ع0.065 loss in FY 2024) Full year 2025 results: ر.ع0.053 loss per share (improved from ر.ع0.065 loss in FY 2024). Revenue: ر.ع90.2m (up 28% from FY 2024). Net loss: ر.ع10.6m (loss narrowed 18% from FY 2024). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Annuncio • Jul 09
Raysut Cement Company Saog Announces Board and Reconstitution of Audit; Executive; Nomination and Renumeration Committees Raysut Cement Company SAOG board at its meeting held on July 6, 2025 appointed Mr. Salim bin Hamood bin Salim Al hansi as a member of the board of directors, replacing the resigned member. Restructuring of the Board of Directors as follows: Election of Eng. Ali Abdullah Ali Al Zadjali as Chairman of the Board of Directors. Election of Mr. Khalid Masoud Ansari as Vice Chairman of the Board. Reconstitution of the Board Sub-committee. Members as follows: The Audit Committee: Asma Ali Ramadhan Al Zadjali; Chairperson, Khalid Masud Ansari; Member, Ahmed Mohammed Al Bahar Al Rawas; Member, Salim Hamood Salim Al Habsi; Member, Khalil Fadhl Al Mansoori Member. the Executive, Nomination and Renumeration Committee: Abdullah Mohammed Musalam; Chairperson, Al Abri Saeed Hamed Saeed Al Dhaheri; Member, Khalid Masoud Ansari; Member, Rashid Mohammed Ahmed Al; Member, Kaabi Ahmed Mohammed Abdullah Al; Member, Rawas. Annuncio • Jul 07
Raysut Cement Company SAOG, Annual General Meeting, Jul 20, 2025 Raysut Cement Company SAOG, Annual General Meeting, Jul 20, 2025. Reported Earnings • Apr 17
First quarter 2025 earnings released First quarter 2025 results: Revenue: ر.ع19.8m (up 13% from 1Q 2024). Net loss: ر.ع1.87m (loss narrowed 28% from 1Q 2024). New Risk • Apr 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Omani stocks, typically moving 5.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.4% average weekly change). Market cap is less than US$100m (ر.ع16.4m market cap, or US$42.6m). Board Change • Mar 06
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Director Bader Al Shanfari is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Annuncio • Feb 25
Raysut Cement Company SAOG, Annual General Meeting, Mar 16, 2025 Raysut Cement Company SAOG, Annual General Meeting, Mar 16, 2025, at 17:00 Arabian Standard Time. Board Change • Nov 19
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Director Bader Al Shanfari is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 17
Third quarter 2024 earnings released: ر.ع0.006 loss per share (vs ر.ع0.008 loss in 3Q 2023) Third quarter 2024 results: ر.ع0.006 loss per share (improved from ر.ع0.008 loss in 3Q 2023). Revenue: ر.ع17.2m (up 9.2% from 3Q 2023). Net loss: ر.ع1.15m (loss narrowed 28% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 17
Second quarter 2024 earnings released: ر.ع0.01 loss per share (vs ر.ع0.004 loss in 2Q 2023) Second quarter 2024 results: ر.ع0.01 loss per share (further deteriorated from ر.ع0.004 loss in 2Q 2023). Revenue: ر.ع14.1m (down 8.9% from 2Q 2023). Net loss: ر.ع2.08m (loss widened 134% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings. New Risk • Jun 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Omani stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 46% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (ر.ع26.4m market cap, or US$68.7m). Reported Earnings • Apr 19
First quarter 2024 earnings released: ر.ع0.013 loss per share (vs ر.ع0.004 loss in 1Q 2023) First quarter 2024 results: ر.ع0.013 loss per share (further deteriorated from ر.ع0.004 loss in 1Q 2023). Revenue: ر.ع17.5m (down 3.0% from 1Q 2023). Net loss: ر.ع2.68m (loss widened 206% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 23% per year. Reported Earnings • Mar 10
Full year 2023 earnings released: ر.ع0.026 loss per share (vs ر.ع0.49 loss in FY 2022) Full year 2023 results: ر.ع0.026 loss per share (improved from ر.ع0.49 loss in FY 2022). Revenue: ر.ع65.5m (down 5.1% from FY 2022). Net loss: ر.ع5.17m (loss narrowed 95% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Board Change • Jan 26
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Mubeen Khan is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 20
Third quarter 2023 earnings released: ر.ع0.008 loss per share (vs ر.ع0.43 loss in 3Q 2022) Third quarter 2023 results: ر.ع0.008 loss per share (improved from ر.ع0.43 loss in 3Q 2022). Revenue: ر.ع15.8m (down 14% from 3Q 2022). Net loss: ر.ع1.59m (loss narrowed 98% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance. New Risk • Jun 21
New major risk - Revenue and earnings growth Earnings have declined by 80% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 80% per year over the past 5 years. Minor Risks High level of debt (330% net debt to equity). Share price has been volatile over the past 3 months (6.0% average weekly change). Market cap is less than US$100m (ر.ع34.0m market cap, or US$88.3m). Reported Earnings • Mar 19
Full year 2022 earnings released: ر.ع0.49 loss per share (vs ر.ع0.068 loss in FY 2021) Full year 2022 results: ر.ع0.49 loss per share (further deteriorated from ر.ع0.068 loss in FY 2021). Revenue: ر.ع69.0m (down 26% from FY 2021). Net loss: ر.ع97.6m (loss widened ر.ع84.0m from FY 2021). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Reported Earnings • Jan 18
Full year 2022 earnings released: ر.ع0.46 loss per share (vs ر.ع0.068 loss in FY 2021) Full year 2022 results: ر.ع0.46 loss per share (further deteriorated from ر.ع0.068 loss in FY 2021). Revenue: ر.ع69.1m (down 26% from FY 2021). Net loss: ر.ع90.9m (loss widened ر.ع77.3m from FY 2021). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Reported Earnings • Dec 03
Third quarter 2022 earnings released: ر.ع0.43 loss per share (vs ر.ع0.005 profit in 3Q 2021) Third quarter 2022 results: ر.ع0.43 loss per share (down from ر.ع0.005 profit in 3Q 2021). Revenue: ر.ع18.3m (down 33% from 3Q 2021). Net loss: ر.ع85.6m (down ر.ع86.6m from profit in 3Q 2021). Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Price Target Changed • Nov 22
Price target decreased to ر.ع0.15 Down from ر.ع0.27, the current price target is provided by 1 analyst. New target price is 7.7% above last closing price of ر.ع0.14. Stock is down 41% over the past year. The company posted a net loss per share of ر.ع0.068 last year. Board Change • Nov 16
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 1 experienced director. 1 highly experienced director. Independent Chairman of the Board Ahmed bin Yousuf bin Al Ibrahim is the most experienced director on the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 18
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: ر.ع13.7m (down 24% from 2Q 2021). Net loss: ر.ع2.56m (loss narrowed 23% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Price Target Changed • Apr 27
Price target decreased to ر.ع0.27 Down from ر.ع0.32, the current price target is provided by 1 analyst. New target price is 66% above last closing price of ر.ع0.16. Stock is down 39% over the past year. The company posted a net loss per share of ر.ع0.068 last year. Board Change • Apr 27
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Vice Chairman Gerhard Hirth was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 06
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: ر.ع0.068 loss per share (up from ر.ع0.091 loss in FY 2020). Revenue: ر.ع93.6m (up 3.6% from FY 2020). Net loss: ر.ع13.6m (loss narrowed 26% from FY 2020). Revenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 41%, compared to a 10% growth forecast for the industry in Oman. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. Annuncio • Feb 24
Raysut Cement Company SAOG, Annual General Meeting, Mar 24, 2022 Raysut Cement Company SAOG, Annual General Meeting, Mar 24, 2022. Agenda: To consider the audited financial statement for the year ended December 31, 2021. Reported Earnings • Jan 18
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: ر.ع0.076 loss per share (down from ر.ع0.07 loss in FY 2020). Revenue: ر.ع92.0m (up 1.7% from FY 2020). Net loss: ر.ع15.1m (loss widened 7.8% from FY 2020). Revenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 100%. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 43%, compared to a 11% growth forecast for the industry in Oman. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Executive Departure • Dec 03
Board Member Hassan Ali Muqaibil has left the company On the 29th of November, Hassan Ali Muqaibil's tenure as Board Member ended after less than a year in the role. We don't have any record of a personal shareholding under Hassan Ali's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 2.17 years. Reported Earnings • Oct 19
Third quarter 2021 earnings released: EPS ر.ع0.005 (vs ر.ع0.003 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ر.ع27.3m (up 34% from 3Q 2020). Net income: ر.ع985.0k (up 93% from 3Q 2020). Profit margin: 3.6% (up from 2.5% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Reported Earnings • Jul 16
Second quarter 2021 earnings released: ر.ع0.016 loss per share (vs ر.ع0.034 loss in 2Q 2020) The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were weaker. Second quarter 2021 results: Revenue: ر.ع18.1m (down 5.6% from 2Q 2020). Net loss: ر.ع3.29m (loss narrowed 52% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Executive Departure • Jul 13
Secretary of the Board of Directors Adel Mahmoud has left the company On the 30th of June, Adel Mahmoud's tenure as Secretary of the Board of Directors ended. We don't have any record of a personal shareholding under Adel's name. Adel is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.00 years. Reported Earnings • Apr 15
First quarter 2021 earnings released The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ر.ع26.9m (up 5.0% from 1Q 2020). Net income: ر.ع102.8k (up ر.ع4.11m from 1Q 2020). Profit margin: 0.4% (up from net loss in 1Q 2020). The move to profitability was primarily driven by lower expenses. Is New 90 Day High Low • Mar 08
New 90-day low: ر.ع0.30 The company is down 7.0% from its price of ر.ع0.32 on 08 December 2020. The Omani market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 11% over the same period. Annuncio • Feb 24
Raysut Cement Company SAOG, Annual General Meeting, Mar 14, 2021 Raysut Cement Company SAOG, Annual General Meeting, Mar 14, 2021. Agenda: To consider and approved the audited financial statements for the year ended 31 December 2020. Reported Earnings • Jan 16
Full year 2020 earnings released: ر.ع0.07 loss per share The company reported a soft full year result with weaker earnings and control over expenses, although revenues were improved. Full year 2020 results: Revenue: ر.ع90.3m (up 7.5% from FY 2019). Net loss: ر.ع14.0m (down ر.ع16.3m from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 132% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Dec 09
New 90-day high: ر.ع0.33 The company is up 3.0% from its price of ر.ع0.32 on 10 September 2020. The Omani market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Basic Materials industry, which is up 4.0% over the same period. Is New 90 Day High Low • Nov 12
New 90-day high: ر.ع0.32 The company is up 7.0% from its price of ر.ع0.30 on 13 August 2020. The Omani market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 3.0% over the same period. Is New 90 Day High Low • Oct 22
New 90-day low: ر.ع0.28 The company is down 7.0% from its price of ر.ع0.30 on 23 July 2020. The Omani market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is down 2.0% over the same period. Analyst Estimate Surprise Post Earnings • Oct 16
Third-quarter earnings released: Revenue misses expectations Third-quarter revenue missed analyst estimates by 7.2% at ر.ع20.4m. Reported Earnings • Oct 16
Third quarter earnings released Over the last 12 months the company has reported total losses of ر.ع9.11m, with losses widening by ر.ع8.51m from the prior year. Total revenue was ر.ع87.2m over the last 12 months, down 2.1% from the prior year. Annuncio • Oct 14
Raysut Cement Company SAOG (MSM:RCCI) acquired 75% stake in Lafarge Holcim Maldives Ltd for $8 million. Raysut Cement Company SAOG (MSM:RCCI) acquired 75% stake in Lafarge Holcim Maldives Ltd for $8 million on October 13, 2020.
Raysut Cement Company SAOG (MSM:RCCI) completed the acquisition of 75% stake in Lafarge Holcim Maldives Ltd on October 13, 2020.