Ras Al Khaimah Co. for White Cement and Construction Materials PSC (RAKWCT)

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News

27 October 2024 03:41 PM RAK White Cement achieves AED 28.5m profits in 9M-24

Abu Dhabi – Mubasher: Ras Al Khaimah Company for White Cement and Construction Materials (RAK White Cement) logged net profits valued at AED 28.59 million in the first nine months (9M) of 2024. The registered profits were compared with AED 10.41 …

Financial Results

13 August 2024 02:40 PM RAK White Cement’s revenues cross AED 125m in H1-24; profits rise

Abu Dhabi – Mubasher: The net profits of Ras Al Khaimah Company for White Cement and Construction Materials (RAK White Cement) hit AED 19.48 million in the first half (H1) of 2024. The recorded net profits were higher year-on-year (YoY) than AED …

Financial Results

10 July 2024 04:48 PM RAK White Cement ratifies 25% acquisition offer from India’s UltraTech Cement; details unveiled

Abu Dhabi – Mubasher: The general assembly meeting of Ras Al Khaimah Company for White Cement and Construction Materials (RAK White Cement) approved, on 9 July 2024, the conditional cash offer from Indian manufacturer UltraTech Cement Middle East …

Management Decisions

12 May 2024 02:29 PM RAK White Cement’s profits leap in Q1-24 to AED 13m

Abu Dhabi – Mubasher: Ras Al Khaimah Company for White Cement and Construction Materials (RAK White Cement) logged net profits valued at AED 13.12 million in the first quarter (Q1) of 2024, an annual hike from AED 620,099. Revenue from contracts …

Financial Results

4 February 2024 10:53 AM RAK White Cement registers AED 20.5m profits in 2023

Abu Dhabi – Mubasher: Ras Al Khaimah Company for White Cement and Construction Materials (RAK White Cement) logged net profits amounting to AED 20.54 million in 2023. The generated net profits were lower than the AED 21.08 million reported in …

Financial Results

5 June 2023 09:34 AM CMA nods to RAK White Cement’s withdrawal from Boursa Kuwait

Abu Dhabi – Mubasher: The Capital Markets Authority (CMA) greenlighted the request of Ras Al Khaimah Company for White Cement and Construction Materials (RAK White Cement) to delist its shares from Boursa Kuwait. Trading on the company's shares …

Corporate Actions

12 April 2023 00:08 PM RAK White Cement announces new Chairman, Vice Chairman

Abu Dhabi – Mubasher: Ras Al Khaimah Company for White Cement and Construction Materials (RAK White Cement) appointed Himanshu Kapania as the new Chairman of the board. The firm also named Mohammed Abdullatif Khalifa Al Shehhi as the Vice …

Corporate Actions

5 February 2023 11:06 AM RAK White Cement’s profits fall in 2022 initial financials

Abu Dhabi – Mubasher: Ras Al Khaimah Company for White Cement and Construction Materials (RAK White Cement) recorded net profits of AED 21.08 million in 2022, down from AED 32.87 million a year earlier. The UAE-based firm witnessed an annual …

Financial Results

4 September 2022 09:54 AM RAK White Cement’s board approves delisting from Boursa Kuwait

Mubasher: The board of Ras Al Khaimah Company for White Cement and Construction Materials (RAK White Cement) has approved delisting the company’s shares from Boursa Kuwait. The withdrawal decision will be discussed during the upcoming ordinary …

Board of Directors

2 August 2022 02:24 PM RAK White Cement sees 22% higher profits in H1-22

Mubasher: Ras Al Khaimah Company for White Cement and Construction Materials (RAK White Cement), listed on the Abu Dhabi Securities Exchange (ADX) and Boursa Kuwait, logged net profits attributable to the owners worth KWD 1.41 million during the …

Financial Results

14 March 2021 11:55 AM RAK White Cement registers lower profits in 2020

Abu Dhabi – Mubasher: The net profits attributable to the owners of Ras Al Khaimah Co. for White Cement and Construction Materials (RAK White Cement) declined to AED 12.689 million in 2020 from AED 19.41 million in 2019. The company's revenues …

Financial Results

4 November 2020 03:47 PM RAK White Cement sees 79% lower net profits in 9M

Abu Dhabi – Mubasher: The net profits attributable to the owners of Ras Al Khaimah Co. for White Cement and Construction Materials (RAK White Cement) plunged by 79% to AED 3.78 million in the first nine months of 2020 from AED 17.89 million in the …

Financial Results

1 March 2020 10:44 AM RAK White Cement proposes 5% cash dividends for FY19

Abu Dhabi – Mubasher: The board of Ras Al Khaimah Co. for White Cement and Construction Materials (RAK White Cement) recommended to distribute 5% of the capital as cash dividends for 2019. The distribution of cash dividends stands at 5 fils per …

Board of Directors

13 February 2020 00:50 PM RAK White Cement achieves AED 19.4m profit in 2019

Abu Dhabi – Mubasher: The full year 2019 net profits of Ras Al Khaimah Co. for White Cement and Construction Materials (RAK White Cement) jumped to AED 19.406 million from AED 13 million in 2018, as shown by the company’s preliminary financial …

Financial Results

3 November 2019 11:16 AM RAK White Cement logs AED 17.9bn profit in 9M-19

Abu Dhabi – Mubasher: Ras Al Khaimah Co. for White Cement and Construction Materials (RAK White Cement) reported a net profit of AED 17.89 million during the first nine-months of 2019 when compared to AED 13.91 million a year earlier. Sales grew …

Company News

7 August 2019 00:52 PM RAK Co for White Cement posts H1 consolidated interim financial results

Abu Dhabi – Mubasher: Ras Al Khaimah Co. for White Cement and Construction Materials (RAK Co. for White Cement), listed on the Abu Dhabi Securities Exchange (ADX) and Boursa Kuwait, has reported its consolidated interim financial results for the …

Financial Results

9 May 2019 11:18 AM RAK Cement’s Q1 profit up 14%

Abu Dhabi – Mubasher: Ras Al Khaimah Co. for White Cement and Construction Materials (RAK Cement) has reported a 14% year-on-year increase in its profits for the first quarter of 2019. Total profits reached AED 9.6 million ($2.61 million) in the …

Financial Results

3 March 2019 11:14 AM RAK Cement’s board proposes 5% dividends for FY18

Abu Dhabi –  Mubasher: The board members of Ras Al Khaimah Co. for White Cement and Construction Materials (RAK Cement) have recommended a cash dividend accounting for 5% of capital for fiscal year 2018, according to a bourse disclosure on …

Board of Directors

12 February 2019 04:17 PM RAK Cement’s profit tumbles 57% in 12M

Abu Dhabi – Mubasher: Ras Al Khaimah Co. for White Cement and Construction Materials has posted a 57% decline in net profit during the full year 2018, recording AED 13 million. RAK Cement’s revenue went down to AED 755.22 million last year, …

Financial Results

5 November 2018 06:24 PM RAK White Cement logs AED 14m profit in 9M

Abu Dhabi – Mubasher: Ras Al Khaimah Co. for White Cement and Construction Materials on Monday reported a 14% decline in net profits to AED 13.9 million during the nine-month period ended 30 September 2018, compared to AED 16.1 million last year. …

Financial Results

9 July 2018 05:45 PM More ADX-listed firms confirm no Abraaj ties

Abu Dhabi – Mubasher: Abu Dhabi Islamic Bank (ADIB) and Waha Capital were among a host of companies that disclosed no ties to The Abraaj Group, its funds or its subsidiaries, on Monday. Other companies listed on the Abu Dhabi Securities Exchange …

Law

9 May 2018 04:34 PM RAK White Cement records higher profits in Q1

Abu Dhabi – Mubasher: Ras Al Khaimah White Cement (RAK White Cement) achieved a growth of 8% in profits during the first quarter of 2018 compared to the same period a year ago. RAK White Cement, which is listed on both Boursa Kuwait and the Abu …

Financial Results

22 March 2018 03:52 PM RAK White Cement to pay 5% dividends for FY17

Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of Ras Al Khaimah White Cement (RAK White Cement) approved on Thursday the board’s recommendation to distribute 5% of capital as cash dividends for the fiscal year 2017, according to a …

Financial Results

12 November 2017 10:22 AM Revenues drag RAK White Cement’s profits down in 9M

Abu Dhabi – Mubasher: Ras Al Khaimah for White Cement and Construction Materials on Sunday reported a 29.7% fall in net profits in the first nine months of 2017. The Abu Dhabi and Kuwait-listed company’s net profits decreased to AED 16.133 million …

Financial Results

6 August 2017 11:12 AM RAK White Cement posts lower profits in Q2

Abu Dhabi – Mubasher: RAK White Cement reported a 9.8% year-on-year decline in its profits during the second quarter of 2017, according to a bourse filing. Net profits reached AED 10.33 million ($2.81 million) in Q2-17, compared to AED 11.46 …

Financial Results