UAE: Fujairah Cement sees 48% drop in revenues

UAE: Fujairah Cement sees 48% drop in revenues
Published: 15 August 2016


Fujairah Cement Industries saw its revenues fall by 48 per cent to AED164.2m in 1H16 from AED315m in 1H15. The UAE-based company saw its profit for the period ended 30 June 2016 more than halve from AED33.3m to AED16.5m.