18
Apr
11:12
Al Jazeera first-quarter earnings shrink slightly
Oman-based re-roller Al Jazeera Steel (AJS) posted a 5% on-year decline in consolidated revenue in the first quarter to OMR 38.17 million ($99.15m), from OMR 40.19m in Q1 2022, Kallanish observes.
The company's total expenses declined 5% to OMR 36.75m from OMR 38.61m. AJS registered a net profit decline of 10% on-year to OMR 1.41m versus OMR 1.57m in Q1 2022, according to unaudited financial results filed on the Muscat Stock Exchange.
The compa…
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