National Cement Co first half ahead 4.7%

National Cement Co (NCC) posted a net profit of AED70.2m (US$19.11m) in the first half of 2015, a rise of 4.7 per cent from AED67m (US$18.24m) in the corresponding period from last year.

NCC’s profits for Q2-15 saw a marginal increase to AED33.73m compared to AED33.13m in the same period in 2014, according to a filing to the Dubai Financial Market (DFM) on Thursday.

The cement firm previously posted a 7.4 per cent rise in net profits for 1Q15 to AED36.46m compared to AED34m in 1Q14.