Mubasher TV
Contact Us Advertising   العربية

RAK White Cement H1 profit drops 31.5%

RAK White Cement H1 profit drops 31.5%
RAK White Cement
RAKWCT
6.67% 1.12 0.07
In its statement to the Abu Dhabi Securities Exchange (ADX), Ras Al Khaimah Co. for White Cement and Construction Materials announced its financial statements for the first half of 2014, during which it achieved a net profit of AED 26.2 million compared to AED 38.2 million, registering a decline by 31.4%.

The Company’s Q2-14 profit also fell by 26.8% to AED 12.4 million, down from AED 17 million in Q2-13.