06/11/2017 06:20 AST

Ras Al Khaimah Cement Company reported a 97.4 per cent drop in nine-month net profit to Dh0.2 million compared to Dh7.8 million a year ago. During the nine months of this year, the total revenues stood at Dh150.1 million compared to Dh170.3 million, a decrease of 11.9 per cent. Revenues from local sales stood at Dh118.9 million compared to Dh79.8 million while export sales stood at Dh31.3 million compared to Dh90.6 million a year ago.

Total assets increased by 5.3 per cent to Dh666.4 million compared to Dh633.1 million a year ago. Shareholders' equity decreased by 2.4 per cent from Dh589.7 million to Dh575.5 million in the nine months.


Gulfnews

RAK Cement repurchases 8.2% of capital

15/06/2016

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Ras Al Khaimah Cement Company Reports a net profit of AED 8.5 million

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Sa

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RAKCC H1 earnings more than double

20/07/2009

Ras Al Khaimah Cement Company made a net profit of AED 51.1 million for the six months ending on 30 June 2009, compared with AED 22.5 million earned for the six months ending 30 June 2008.Lower costs

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