Gulf Cement

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Buzzi increases tender offer to Gulf Cement Co

Buzzi increases tender offer to Gulf Cement Co

After the offer document submitted on 13 March 2025 for TC Mena Holdings Ltd, a subsidiary of Buzzi SpA , to acquire a 37.6 per cent share of the capital in Gulf Cement Co PSC o...

Gulf Cement records net loss in 1Q20

Gulf Cement records net loss in 1Q20

UAE-based Gulf Cement has posted a net loss of AED28.9m (US$7.87m) in the first quarter of 2020, compared to an AED1.5m profit in the corresponding period of last year. Revenues...

Gulf Cement narrows loss

Gulf Cement narrows loss

UAE-based Gulf Cement reported a fall in revenues to AED443.6m (US$120.8m) in 2019, down from AED475.7m in 2018. This represents a YoY drop of 6.7 per cent. The company’s loss n...

Gulf Cement 9M profit down

Gulf Cement 9M profit down

UAE-based Gulf Cement reported a 9.3 per cent fall in revenues in the 9M18 to AED371.7m (US$101.2m) from AED409.8m in the year-ago period. Net profit fell 95 per cent from AED33...

Gulf Cement Q2 profit falls 38%

Gulf Cement Q2 profit falls 38%

UAE cement producer Gulf Cement reported a 38.2 per cent fall in net profit attributable to shareholders to AED8.4m (US$2.29m) in the 2Q18 when compared with AED13.6m in the yea...

Gulf Cement sees 1Q loss

Gulf Cement sees 1Q loss

Gulf Cement has incurred losses if AED2.9m (US$789,653) in the 1Q18, according to a bourse statement. In the equivalent period of 2017, the company reported a AED8.1m profit. Th...