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- Lebanon receives preliminary approval to increase World Bank loan to $400m
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26/03/2011 00:00 AST
The Fujairah Building Industries Company's (FBICO) board of directors announced the distribution of a six per cent cash profit to shareholders for the year 2010.
The company's profit given out to stockholders in 2009 was 10per cent.
This was announced during a general assembly meeting held at the Siiji Al Diar hotel in Fujairah headed by Engineer Mohamed Majid Al Alili, Director of the Industry and Economy Department and chairman of the board of directors of FBICO.
Eng Al Alili said the company posted last year 2010 a net profit of Dh15.2 million against Dh44.3 million in 2009, down by 66 per cent. Thus, the net profit per share in 2010 came to 12 fils, compared to 35 fils in 2009.
Al Alili added that the revenues rate of FBICO for 2010 stood at Dh209 million against Dh250.7 million in 2009, reporting a drop of 17 per cent.
FBICO posted a 3.5 per cent rise in total assets to Dh455.4 million in December 21, 2010. The total capital of the company recorded in December 31, 2010 amounted to Dh126.5 million, the same capital value reported in 2009.
Khaleej Times
13/04/2015
Fujairah Building Industries said on Sunday its ordinary general meeting had approved bonus shares amounting to more than 9.5 million shares, about 7.5 per cent of the capital.
After the i
Gulf News
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ALPHADHABI | 10.94 | 0.00 (0.00 |
| IQCD | 12.15 | -0.30 (-2.41 |
| ADNOCLS | 4.40 | 0.02 (0.45 |
| NMDC | 24.04 | 0.20 (0.83 |
| ADPORTS | 3.90 | 0.01 (0.25 |
26/04/2025
Adnoc Distribution, a leading fuel distributor and convenience store operator, has unveiled plans for a major expansion of its electric vehicle (EV) charging infrastructure, increasing its charging p
Trade Arabia
25/04/2025
Saudi Awwal Bank (SAB), one of the leading banks in Saudi Arabia, has signed SR2 billion credit facility agreement with the Saudi Binladin Group, a subsidiary of Binladin International Holding Group,
Saudi Gazette
24/04/2025
The Dubai-based logistics firm Aramex has confirmed a new acting CEO after Othman AlJeda, the incumbent, resigned for personal reasons.
The change at the top comes just weeks after Abu Dhabi
Gulfnews
24/04/2025
The leading UAE banks have put up some sizable growth in their Q1-2025 results, with ADIB's net profit before tax totalling Dh1.9 billion - and that's from an impressive 18% gain year-on-year.
Gulfnews
24/04/2025
Salalah Port has received five modern dual-fuel methanol-powered container vessels from Maersk's fleet, marking a significant milestone in the port's infrastructure development and readiness to accom
Times of Oman
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