UAE Umm Al-Qaiwain cement industries net profit
The net profit of UAE cement manufacturer Umm al-Qaiwain Cement Industries Company jumped to AED172.5m (US$47m) in 2005 from AED85.9m (US$23.4m) in 2004, the company said.
Earnings per share (EPS) rose to AED0.702 (US$0.19) from AED0.35 (US$0.095) and net operating profit increased to AED174.8m (US$47.6m) from 85.9 mln dirhams ($23.4 mln/19.5 mln euro).
Assets totaled AED684.8m (US$186.4m), compared to AED397m (US$108.1m), while shareholders’ equity grew to AED625m (US$170.2m) from AED371.6m (US$101.2m).
Published under Cement News
