Union Cement Company announces preliminary 2007 financial results, UAE

Union Cement Company announces preliminary 2007 financial results, UAE
Published: 04 February 2008

Union Cement Company achieved increase in sales revenue of AED 675m compared to AED 401m last year which 70% higher than last year. The cost also was increased due to the increased of fuel and raw materials.  
 
Net Profit for 2007 registered AED 172.49m compared with AED 178.83m in 2006. Meanwhile, total assets increased to AED 910m compared to AED738 YoY.