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Arab Steel Summit

Jazeera Steel’s profits reach OMR 2.1 million (up 15%) by the end of Q1 of 2025

Jazeera Steel, a steel pipe manufacturer, reported profits of OMR 2.10 million (17 baisas per share) by the end of the first quarter of 2025, compared to profits of OMR 1.82 million achieved in the same period in 2024, as shown in the following table:

Income Statement

Period Q1 2024 Q2 2025 Change
Revenue (OMR million) 36.19 40.32 +11 %
Net Profit (OMR million) 1.82 2.10 +15 %
Average Number of Shares (million) 124.90 124.90
Earnings Per Share (Piza/share) 15 17 +15 %

 

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