Oman Cement operates as a subsidiary of Abra Holdings Limited, which provides strategic backing and capital access. The company has been listed on Muscat Securities Market since January 1994. With a dominant market position in Oman's cement sector, the company benefits from regional infrastructure development and diversified product offerings for construction and oil & gas applications.
Cyborg Score Rationale
Revenue declined slightly in 2024 to $68.08 million but earnings surged 85.27% to $11.12 million. The company offers a high dividend yield of 18.33%, indicating strong cash generation. However, stock price has weakened significantly with trading near $0.49 as of January 2026.
Top Insights
High dividend yield (18.33%) suggests strong cash returns to shareholders despite modest revenue base
Earnings growth surged 85% in 2024 despite flat revenues, indicating margin expansion and operational efficiency gains
Subsidiary status under Abra Holdings (64.7% ownership) provides capital access and strategic positioning
Operates across GCC markets including Oman and has joint venture exposure through Al Wusta Cement (50% interest)
Named Competitors
Raysut Cement — Cement producer based in Salalah, Oman with regional distribution
Recent Developments
(Feb 2026) Stock trading at $0.49, near 52-week lows, reflecting market headwinds
(2024) Earnings surged 85.27% year-over-year despite revenue decline of 0.51%
(Aug 2016) Joint venture established with Al Wusta Cement Company for market expansion
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