Gulf Cement Co sees revenue advance 33% YoY
Gulf Cement Co has posted revenue of AED462.7m (US$125.99m) for 2023, up 33 per cent from the AED348.1m reported in the previous year. For 2023 the company saw a loss of AED21.8...
Gulf Cement Co
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Gulf Cement Co sees net loss widen in 2020
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 ...
Gulf Cement Co approves capital reduction
The ordinary general meeting of UAE-based Gulf Cement Co has approved a 50 per cent capital reduction to AED410.55m (US$111.79m) from AED821.1m, as a result of the company’s acc...
Gulf Cement Co sees net loss widen in the 9M20
UAE-based Gulf Cement Co has recorded a net loss of AED268.13m (US$73.01m) for the first nine months of 2020, widening from an AED3.86m loss in the year-ago period. The company'...
Gulf Cement receives approval to withdraw from Boursa Kuwait
UAE-based Gulf Cement Co, once dually listed on Boursa Kuwait and the Abu Dhabi Securities Exchange (ADX), has obtained approval from Kuwait’s Capital Markets Authority to withd...
Gulf Cement to delist from Boursa Kuwait
At its ordinary general meeting, Gulf Cement Co has approved the board’s proposal to delist from Boursa Kuwait. In addition, the company will not to distribute dividends for 201...
Gulf Cement Co posts net loss in 2Q19
UAE-based Gulf Cement Co has posted an AED598,270 (US$162,905) net loss in the 2Q19, compared to an AED8.4m profit in the year-ago period. Sales costs increased to AED107m from ...
UAE cement company finds use for camel dung
Gulf Cement is preventing thousands of tonnes of camel waste from going to landfill. The cement company is cutting its emissions while using camel dung to supplement its fuel us...
Gulf Cement Co sees fall in profit in 2018
UAE-based Gulf Cement Co reported revenues of AED475.707m (US$129.5m) in 2018, according to the company’s preliminary results. This represents an 18.4 per cent drop from AED583....
Kuwait: Gulf Cement Co to produce oil well cement
Gulf Cement Co was granted a permit for the production of oil well cement from the American Petroleum Institute.