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08 Aug
12:09

Al Jazeera appoints vice chairman, approves earnings

Oman-based re-roller Al Jazeera Steel (AJS) has approved Yasser Salim Al Rashdi as vice-chairman of the board of directors. The firm’s board also approved the audited first-half earnings, which saw a 13% on-year decrease in consolidated revenue to OMR 71.5 million ($27.6m) from OMR 82.47m in H1 2022. January-June gross profit fell 21% to OMR 9.79m from OMR 12.47m recorded in the previous year's corresponding period. AJS registered a net profit decl…
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