Ras Al Khaimah Cement reports 9% decline in profit
UAE-based Ras Al Khaimah Cement Co has reported a nine per cent decline in net profit to AED50.71m (US$13.8m) last year, compared to AED55.71m in 2019. The company's revenue als...
Ras Al Khaimah Cement Company
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RAK Cement cancels cement plant acquisition plans
UAE-based Ras Al Khaimah Cement has reportedly cancelled a deal to acquire a cement plant and quarry as financing could not be arranged, according to Reuters. While the name of ...
Ras Al-Khaimah Cement records net profit increase
Ras Al-Khaimah Cement has recorded a substantial increase in net profit for the full-year period of 2017, reaching AED21.3m (US$5.79m) from AED5.8m a year ago. However, the comp...
RAK Cement profits have fallen in 9M17
RAK Cement has seen a 21.2 per cent fall in profits in 9M17. The UAE-based company's net profit totalled AED212,470 (US$57,830), compared to AED7.8m (US$2.12m) in 9M16.
RAK Cement Co swings to second-quarter loss
UAE-based Ras Al Khaimah Cement Company (RAK Cement) incurred a loss in the second quarter of 2017 as revenues declined by 26.6 per cent during the period.
RAK Cement Co 1Q profit down 70%
Ras Al Khaimah Cement Co reported a decline in profits by 69.8 per cent YoY during the first quarter of 2017, according to a bourse filing.
RAK Cement buys back 68,560 shares, UAE
Ras Al Khaimah Cement Co decided to repurchase 68,560 of its shares on Thursday at AED0.83/share. Accordingly, the total number of treasury shares rose to 10.29m with 45.6m shar...
RAK Cement reports first-half profit drop
Ras Al Khaimah Cement reported a 22.3 per cent profit drop to AED2.45m ($667,000) in the first half of 2015, compared to AED3.15m (US$858,000) in the same period of 2014, accord...
RAK Cement swings to first-half net profit, UAE
Preliminary first-half results for Ras Al Khaimah Cement (RAK Cement) show that the UAE-based producer achieved a net profit of AED3.2m (US$871,198) compared to a loss of AED1.6...
RAK Cement nine month net profit declines, UAE
Ras Al Khaimah Cement reported an 86.6 per cent decline in net profit for the nine months to the end of September due to technical stoppage at the plant earlier this year.