UAE-based Fujairah Cement Industries Co reported a loss of -AED14.2m (US$3.86m) in the second quarter of 2022, an improved result when compared with a loss of -AED21.1m in the equivalent quarter of the previous year.
Second-quarter revenues came in at AED88.7m, down from AED90.8m in the 2Q21.

PPC proclaims success in turnaround strategy
South African cement manufacturer PPC Ltd says that its ‘Awaken the Giant’ turnaround strategy...