Raysut Cement Company SAOG — Cyborg Score 3/10

Challenged
Cement Manufacturing & Building Materials

Strategic Profile

The company exports its products to GCC countries, Yemen, Maldives, and Eastern Africa. Raysut is diversified into shipping transport, limestone quarrying, cement and plastic wholesaling, and other trading activities. However, losses have increased over the past 5 years at a rate of 79.5% per year and the company is currently unprofitable.

Cyborg Score Rationale

The company is currently unprofitable with losses increasing significantly over the past 5 years. Short-term assets do not cover short-term liabilities. The company faces structural profitability challenges despite its market-leading position.

Top Insights

  • Trailing 12-month revenue as of June 2025 was approximately $204M.
  • Current market capitalization is $51M with 200M shares outstanding.
  • Return on Equity is forecast to be low at 5% in 3 years.
  • Negative momentum with recent CEO resignation and significant profit declines in recent quarters.

Named Competitors

  • General Cement — Regional competitors in Oman cement market

Recent Developments

  • (April 2025) Unaudited Q1 2025 financials filed; gross profit fell 39%
  • (May 2025) Dividend approval of 65 baisas per share announced
  • (2025) CEO resignation; significant management changes

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