24
Jul
13:02
Al Jazeera first-half profit declines
Oman-based re-roller Al Jazeera Steel (AJS) recorded a 13% on-year decline in consolidated revenue in the first half to OMR 71.5 million ($185.71m) from OMR 82.47m in H1 2022. However, net profit decreased by 28% to OMR 2.02m, Kallanish observes.
The company's total expenses were also down 13% to OMR 69.47m from OMR 79.65m a year earlier, according to unaudited financial results filed on the Muscat Stock Exchange.
The company is expected to release its a…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous