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- Gulf Bank hosts tufting, embroidery workshop for red cardholders
- Bahrain All Share Index marks 1,946.89 points
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- MPHC restructures partnership for salt production facility in Qatar
- Dubai school operator Taaleem moves closer to Dh1 billion in 2024-25 revenue
- Saudi Arabia Pledges $25 Bln Investment to Support Africa
- Gamezop to set up regional headquarters in Bahrain
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
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04/07/2025
In line with its ongoing commitment to enriching the youth experience, Gulf Bank recently organized a creative workshop on tufting and embroidery arts for its red cardholders, in collaboration with t
Kuwait Times
04/07/2025
Qatar Insurance Company Q.P.S.C. (QIC) announced that it has successfully issued a USD 500 million subordinated perpetual Tier II capital bond with a fixed coupon of 6.15%.
The issuance was
Gulf Times
04/07/2025
Mesaieed Petrochemical Holding Company (MPHC) is pleased to announce a significant update following our previous announcement on 23rd September 2024. The parties has reached a mutual agreement for th
The Peninsula
04/07/2025
The Dubai headquartered school operator Taaleem is moving closer to generating revenues of over Dh1 billion for its current financial year. In the first nine months, the company's cleared revenues of
Gulfnews
04/07/2025
Americana Restaurants International, a leading quick-service and casual dining operator across the Mena region and Kazakhstan, has signed an exclusive franchise agreement with carpo - a premium Greek
Trade Arabia
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