Apex Investment PSC (RAKCC)

Abu Dhabi – Mubasher: Apex Investment Company incurred net losses amounting to AED 58.43 million in 2023, compared to net profits valued at AED 187.19 million in 2022. The ADX-listed firm posted revenues totalling AED 723.48 million in …

Abu Dhabi – Mubasher: Apex Investment Company turned to net losses worth AED 12.47 million in the first nine months (9M) of 2023, against net profits worth AED 153.62 million in the year-ago period. The revenues hit AED 525.50 million in 9M-23, …

Abu Dhabi – Mubasher: Apex Investment Company swung to net losses amounting to AED 198.81 million in the first half (H1) of 2023, against net profits worth AED 103.69 million in H1-22. The ADX-listed firm posted an annual decline in revenue to AED …

Abu Dhabi – Mubasher: Apex Investment Company turned to net losses worth AED 190.18 million in the first quarter (Q1) of 2023, against net profits valued at AED 49.45 million in Q1-22. Revenues hit AED 147.73 million as of 31 March 2023, an annual …

Abu Dhabi – Mubasher: Apex Investment Company generated AED 187.19 million net profits in 2022, higher than AED 2.98 million in 2021, according to the consolidated income statements. The ADX-listed company, formerly known as Ras Al Khaimah Cement …

Abu Dhabi – Mubasher: Apex Investment Company, formerly known as Ras Al Khaimah Cement (RAK Cement), achieved net profits worth AED 153.62 million in the first nine months (9M) of 2022, a leap from AED 10.77 million in 9M-21. Revenues amounted to …

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) announced a block trading deal of AED 5.74 billion on Apex Investment Company, formerly known as Ras Al Khaimah Cement (RAK Cement). The deal was executed on 1.22 billion of Apex’s …

Abu Dhabi – Mubasher: Apex Investment Company, formerly known as Ras Al Khaimah Cement (RAK Cement), has turned to net profits worth AED 103.69 million in the first half (H1) of 2022, against net losses of AED 7.18 million in H1-21. The sales …

Mubasher: Ras Al Khaimah Cement Company (RAK Cement) said on Monday that were no events, financial information, or critical news that was not disclosed to the market. In a disclosure addressing the Abu Dhabi Securities Exchange (ADX), RAK Cement …

Abu Dhabi – Mubasher: The audited financial results of Ras Al Khaimah Cement (RAK Cement) showed net losses of AED 51.328 million in 2020, compared to AED 55.712 million in 2019. The company's sales decreased by 15.74% to AED 153.076 million in …

Dubai – Mubasher: Al Ramz Corporation Investment and Development has purchased 32.817 million shares of Ras Al Khaimah Cement Company (RAK Cement). Hence, Al Ramz Corporation has acquired 6.52% of the company’s shares for the benefits of one of …

Abu Dhabi – Mubasher: Invest Bank, listed on the Abu Dhabi Securities Exchange (ADX), has sold 150.9 million shares of Ras Al Khaimah Cement Company (RAK Cement) on behalf of A&K International Investment Company.      The sold shares represent …

Abu Dhabi – Mubasher: Ras Al Khaimah Cement (RAK Cement) has incurred a loss of AED 6.433 million during the first nine months of 2019, against a profit of AED 6.678 million in the same period in 2018. Loss per share recorded AED 0.013 in the …

Abu Dhabi – Mubasher: Ras Al Khaimah Cement (RAK Cement), listed on the Abu Dhabi Securities Exchange (ADX), announced it has cancelled an acquisition of a quarry and a cement plant. The acquisition has been cancelled as the company was not able …

Abu Dhabi – Mubasher: Ras Al Khaimah Cement (RAK Cement), listed on the Abu Dhabi Securities Exchange (ADX), has reported its condensed interim financial results for the period ended 30 June 2019. The company has turned to losses during the second …

Abu Dhabi – Mubasher: Ras Al Khaimah Cement (RAK Cement), listed on the Abu Dhabi Securities Exchange (ADX), has reported a 15.8% year-on-year growth in net profits for the first quarter of 2019. The company has recorded a net profit of AED 2.2 …

Abu Dhabi – Mubasher: RAK Cement on Sunday announced that it has acquired New-tech Cement Plant and Al Bana quarry from their previous owner, Mohamed Ali Omar Saleh Al Breki. The transaction’s total cost amounted to AED 450 million ($122.54 …

Abu Dhabi – Mubasher: Ras Al Khaimah Cement (RAK Cement) revealed that it has turned a profit for the full-year 2018. Net profits recorded AED 21.168 million in 2018, against a loss of AED 21.28 million a year earlier, according to the company’s …

By: Mahmoud Gamal Dubai – Mubasher: The UAE construction industry is expected to flourish in the coming period, which could boost cement producers in the GCC country and push up demand. The rise in oil prices will also catalyse cement companies in …

Abu Dhabi – Mubasher: Invest Bank on Thursday announced acquiring a stake in Ras Al Khaimah Cement Company (RAK Cement). The acquisition, which involved 155 million shares, was done by the bank on behalf of A & K International Investment LLC, …

Abu Dhabi – Mubasher: Ras Al Khaimah Cement (RAK) on Sunday reported a 21.2% year-on-year drop in the first nine months period of 2017. Net profit amounted to AED 212,470 ($57,830) in the nine-month period ended September, versus AED 7.8 million …

Abu Dhabi – Mubasher: Ras Al Khaimah Cement Company (RAK Cement) on Wednesday reported turning to losses in the second quarter of 2017, pressured by lower revenues. RAK Cement logged AED 3.50 million ($950,000) in losses in Q2-17 against profits …

Abu Dhabi – Mubasher: Ras Al Khaimah Cement Company reported a decline in profits by 69.8% year-on-year during the first quarter of 2017, according to a bourse filing. Profits reached AED 1.38 million ($38,110) in Q1-17, compared to AED 4.57 …

 Abu Dhabi – Mubasher: RAK Cement said its shareholders approved 3% dividends or 3 fils per share for the fiscal year 2016, according to a bourse statement. Total approved dividends amount to AED 15.09 million for FY16. The shareholders set the …

Abu Dhabi - Mubasher:  The annual general meeting (AGM) of Ras Al Khaimah Cement Company (RAK Cement) will discuss distributing cash dividends and annual statements for 2016 on 20 April. The AGM will also discuss the board of directors’ …