Sharjah Cement sees 26% revenue decline in 2020
UAE-based Sharjah Cement has reported a 25.6 per cent decline in revenue to AED431.63m (US$117.53m) for 2020, compared to AED580.1m in the previous year. The cost of sales decli...
Sharjah Cement
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Sharjah Cement receives approval to delist
UAE-based Sharjah Cement has received the approval of the Capital Market Authority (CMA) to voluntarily delist from Boursa Kuwait. On 30 April 2020, the ordinary general meeting...
Sharjah Cement signs SRF supply contract
UAE-based Sharjah Cement Factory has signed a contract with Bee'ah, a leading environmental management company, for the supply of alternative fuel from Bee’ah’s SRF plant. A min...
Sharjah Cement sees 25% decline in revenue
UAE-based Sharjah Cement has posted a net loss of AED47.9m (US$12.9m) in the first nine months of 2020, compared to a profit of AED2.8m in the corresponding period of last year....
Sharjah Cement reports net loss in 1Q20
UAE-based Sharjah Cement has reported a net loss of AED9.3m (US$2.5m) in the first quarter of 2020, compared to an AED802,000 net profit in the corresponding period of last year...
Sharjah Cement elects new chairman
UAE-based Sharjah Cement has elected Othman Mohammed Sharif Abdullah as its new chairman and board member, according to a bourse statement on Sunday. The election was made durin...
Sharjah Cement sees 85% drop in profit for 1H19
UAE-based Sharjah Cement has seen an 84.7 per cent YoY fall in profit to AED2.54m (US$691,626) for the 1H19, compared with AED16.55m in the year-ago period. The company also rep...
Sharjah Cement reports fall in profit for 2018
UAE-based Sharjah Cement & Industrial Development Co has reported a 54.6 per cent YoY fall in profit during 2018, declining to AED29.4m from AED64.78m (US$17.6m) in 2017. Revenu...
Sharjah Cement records decreasing sales
UAE-based Sharjah Cement has announced an 82.3 per cent fall in net profit for the 3Q18, dropping to AED2.2m (US$599,046) from AED12.4m a year ago. The company has attributed th...
Sharjah Cement FY17 net profit up 2%
Sharjah Cement saw net profit edge up 1.6 per cent to AED65m (US$17.7m) in 2017 from AED64m a year ago, according to Reuters. Revenues of the UAE cement producer rose 6.2 per ce...