UAE: National Cement nine-month net profit up 2% YoY

UAE: National Cement nine-month net profit up 2% YoY
Published: 13 November 2014


UAE-based producer National Cement Company said on Wednesday its net profit for the first nine months of 2014 rose 1.97 per cent to AED77.5m (US$21.1m) from AED76m in the corresponding period of 2013.

Earnings per share (EPS) stood at AED 0.22, compared with AED 0.21.

Revenue of the building materials producer fell to AED161.9m from AED174m.