OKYO Pure Water posts 475M SAR profit
OQ Company for Refineries and Petroleum Industries achieved profits of nearly 475 million Omani rials last year, while reducing its debt from around 2.7 billion rials to 800 million rials, reflecting a significant improvement in financial and operational performance. The company recorded its highest oil refining volume at 93 million barrels, with a record performance in the petrochemicals sector, where the OQ Polymer Complex produced over one million tons. These results enhance asset efficiency, reduce downtime, and provide the company with financial flexibility for investment and expansion. They also support Oman's strategy to transform its natural resources into higher-value industrial products.
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