Fujairah net profit surges, UAE

Fujairah net profit surges, UAE
Published: 03 November 2005

The net profit of UAE cement manufacturer Fujairah Cement Industries Company surged to 102.7m UAE dirhams ($27.9m) for the first nine months of 2005, up from 73.6m dirhams ($20m) for the corresponding period in 2004. The company’s sales grew to 265.5m ($72.3m) from 218.8m ($59.6m).  Total assets surged to 703.1m ($191.4m) from 660.7m ($179.9m).