Sharjah Cement reports fall in profit for 2018

UAE-based Sharjah Cement & Industrial Development Co has reported a 54.6 per cent YoY fall in profit during 2018, declining to AED29.4m from AED64.78m (US$17.6m) in 2017.

Revenue also decreased 8.2 per cent to AED596.8m, compared with AED650m of the previous year.