UAE-based Gulf Cement Co has posted a net loss of AED273.5m (US$74.47m) in 2020, compared to a net loss of AED26.8m in the previous year.
The company’s revenue also declined 22 per cent YoY to AED345.9m from AED443.6m in 2019.
Dangote Cement reports 86% surge in profit after tax
In its unaudited results for the 1Q25, Dangote Cement posted a 21.7 per cent YoY increase in r...