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Al Jazeera Steel profits rise to 3.91 million riyals (+62%) in January – September 2024

Al Jazeera Steel Company, operating in the iron pipes industry, increased its profits to OMR 3.91 million (31 baisa/share) by the end of the first nine months of 2024, compared to profits of OMR 2.41 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) 106.47 108.35 + 2%
Net income (million Omani Riyals) 2.41 3.91 + 62%
Average number of shares (million) 124.90 124.90
Earnings per share (baisa/share) 19 31 + 62%

 

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