Mubasher: Oman Cement Company posted on Thursday an 11% decline in annual profit for 2015, as it totalled OMR 11.7 million, compared to 13.15 million in 2014.

Total revenues dipped 1.6% to OMR 52.96 million in 2015, versus OMR 53.83 million in 2014.

The Muscat-listed company earlier reported a net profit of OMR 6.99 million in the first nine months of 2015, compared to OMR 11.4 million in the same period of 2014.