Ras Al Khaimah White Cement revenues rise, UAE

Ras Al Khaimah White Cement revenues rise, UAE
Published: 16 May 2011

Ras Al Khaimah Company for White Cement & Construction Company saw revenues rise by almost a third in the first quarter against the same period last year, although a rise in a finance costs saw net profits remain the same at US$5.44m (AED 20m).

Sales for the three months reached US$28.28 (AED103.9m), up 30.5% from the US$21.67m (AED79.6m) the previous year, with gross profit rising by than 50% to US$8.48 (AED31.16m) from US$6.23 (AED22.9m).