RAK White Cement sales up

Ras Al Khaimah White Cement and Construction Company has achieved a qualitative leap in its operations and investments, whereby its sales increased by 20 per cent against sales accomplished during 2003, which were recorded at Dh65 million against Dh53.5 million. The operations’ total profits increased by 21 per cent to Dh12.5 million in June 2004, against Dh10.3 million in previous year.

The company achieved net profit of Dh 5.5 million despite the non-inclusion of some revenues. The company’s investments increased in shares by Dh118.1 million by 60 per cent, compared to 2003 which recorded at Dh313.4 million.