RAK White Cement sees revenue down 7%

UAE-based RAK White Cement has seen a 34.6 per cent YoY decline in attributable net profit to AED12.69m (US$3.46m) in 2020, compared to AED19.41m in the previous year.

Revenues declined 6.5 per cent YoY to AED221.19m from AED236.48m in 2019.