UAE: National Cement Co sees 46% fall in 3Q profits

National Cement reported a 46.2 per cent drop in third-quarter net profits to AED9.85m (US$2.7m) from AED18.31m 3Q15.

For the first nine months of 2016, the company posted net profits of AED73.48m, down from AED88.52m reported in the equivalent period of last year.