UCC first-half net profit surges, UAE

Union Cement Company (UCC) net profit surged 181 per cent to AED59.4m (US$988,165) in the first half of 2014 compared to AED21.15m in 1H13.

In its statement to the Abu Dhabi Securities Exchange UCC said its second quarter results showed a net profit of AED41.25m versus AED15.5m during the same period of last year.