Al Jazeera Steel profits rise to OMR 7.10 million (+73%) by the end of 2024
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Economic newsJanuary 15, 20251 min read

Al Jazeera Steel profits rise to OMR 7.10 million (+73%) by the end of 2024

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Al Jazeera Steel Company, operating in the iron pipes industry, profits rose to OMR 7.10 million (57 baisas/share) by the end of 2024, compared to profits of OMR 4.10 million achieved in the same period in 2023, as shown in the following table:

income list

Period

September 2023

September 2024

Change

Revenues (million Omani Riyals)

142.40

146.69

+3 %

Net income (million Omani Riyals)

4.10

7.10

+73 %

Average number of shares (million)

124.90

124.90

--

Earnings per share (baisa/share)

33

57

+73 %

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Al Jazeera Steel profits rise to OMR 7.10 million (+73%) by the end of 2024 - Arab Iron and Steel Union