Please wait...
GulfBase Live Support
- Qatar, Germany discuss mutual investments to strengthen ties
- Al Ahlia wins contract to build largest Merc-Benz facility in Kuwait
- Quarterly earnings announcements, tariff hold support stock market's rise: financial analyst
- Gold rebounds on dip buying despite US-China trade deal hopes
- China says US should revoke unilateral tariffs, denies talks
- Saudi Awwal Bank signs SR2 billion credit facility with Saudi Binladin Group
- World Bank forecasts MENA growth at 2.6% in 2025, 3.7% in 2026
- Oil Updates - crude steadies after 2% drop on potential OPEC+ output increase
- PIF-owned AviLease secures $1.5bn credit facility to boost global expansion
- Saudi Arabia ramps up mining investment as sector outpaces global peers
20/07/2009 00:00 AST
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, compared with the 2008 year, arising primarily from the better availability of natural gas have impacted profit for the period. The coal mill was commissioned successfully during the quarter given RAKCC the ability to burn multiple fuels. Sales revenue was down for the period reflecting the lower cement prices and declining sales volumes which are likely to impact profits for the remained of the year.
Total Assets increased by 3.9% compared with 30 June 2008. Shareholders' Equity increased by AED 52.5 million from AED 746.0 million to AED 798.5 million. Sales revenue decreased by 14.2% from AED 190.5 million to AED 163.4 million.Net profit rose by 127.1% from AED 22.5 million to AED 51.1 million. Earnings per share rose 127.1% from AED 0.046 per share to AED 0.106 per share.
Press Release
06/11/2017
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 sto
Gulfnews
15/06/2016
RAK Cement said it has repurchased 8.24 per cent of the capital or 965,000 shares for Dh778,650 on June 13 The company bought back 300,000 shares at Dh0.80 each and 665,000 shares for Dh0.81 each,
Gulfnews
29/07/2012
Ras Al Khaimah Cement Company earned a net profit of AED 8.5 million for the six months period ending 30 June 2012, compared with a loss of AED 4.9 million of the same period in 2011.
Sa
Gulfbase.com
| Ticker | Price | Volume |
|---|
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
24/04/2025
QNB has launched a new campaign, aimed at rewarding customers to use their QNB Mastercard debit cards for everyday purchases.
The campaign, taking place from April 24-June 24, will offer win
Gulf Times
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia