Oman Cement Company (OCC) was established in 1977 by the Commerce & Industry Ministry. The construction of a 624,000-tonne-a-year (t/y) plant was completed in October 1983. In 1994, OCC's capital was increased to its present level through a public subscription on the MSM after which the company's shares were listed.

The government still owns 63.5 per cent of OCC's shares, with the Commerce & Industry Ministry holding 43 per cent.OCC produces ordinary Portland cement and sulphate resistant cement, using limestone and silica which are found near the plant in the Rusayl industrial estate, and iron ore and gypsum which are quarried elsewhere in Oman.

A $100 million expansion programme to increase capacity to 1.2 million t/y was completed at the end of 1997 and the new facilities came on stream in the first half of 1998. A 30-MW power station has also been built to supply the new plant as well as the existing one.

All OCC's production is sold in Oman, but with the additional capacity the company is seeking opportunities to start exporting. The only other cement producer in Oman is Raysut Cement Company in the south.

Individuals	N/A
Institutions	N/A
Floating	N/A
Government	64%

	2004	2003	2002
Total Assets	92,646	84,025	81,196
Shareholder's Equity	71,174	64,085	60,739
NIAT	13,066	8,830	5,904
Dividends	6,948	5,956	3,970

	2004	2003	2002
Assets Growth	10.26%	3.49%	-1.16%
Earning Growth	47.97%	49.56%	52.88%
ROaA	14.79%	10.69%	7.23%
ROaE	19.32%	14.15%	9.88%
No. Of Shares	33,087,271	33,087,271	33,087,271
EPS	0.39	0.27	0.18
EPS Growth	47.97%	49.56%	52.88%
Payout Ratio	53.177	67.446	67.246

	Trailing
PE
PB
DVPS
Div Yield
EV
EV/Equity

The information is this section is provided by SHUAA Capital PSC. The information contained in this section is not intended to be an offer, a recommendation, or a solicitation to buy or sell securities or investment products.

The information and opinions contained in this section have been compiled from, or arrived at in good faith, from sources believed to be reliable but no guarantee or warranty is made by SHUAA Capital or AME Info as to the accuracy or completeness of the information contained herein.

All opinions expressed herein are subject to change without notice.

Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC.

© SHUAA Capital PSC. All rights reserved.