Fujairah Cement Q3 profit rises 21 per cent

Fujairah Cement Q3 profit rises 21 per cent
Published: 30 October 2006

Fujairah Cement Q3 profit rises 21 per cent

Kuwait-listed Fujairah Cement Industries Co. said third-quarter net profit rose more than 21 per cent to 3.4m dinars (US$11.7m).

Earnings per share increased to 12.43fils from 10.2fils, the company said in a statement on the bourse Web site. There are 1000fils to the dinar.

Shares of Fujairah Cement last traded 2.74 per cent higher at 375fils.