Sharjah Cement and Industrial Development Co PJSC (SCIDC)

Last update: 01:28 PM market time.

1.18

-0.01

-0.84%

Open 1.20

Previous Close 1.19

High 1.20

Low 1.16

Stock Statistics

Volume 54,666

Turnover 64,301.88

All data are 15 minutes late during market session

News

Photo Archive

18 February 10:23 AM Sharjah Cement posts higher profits at AED 106m in 2025

Abu Dhabi – Mubasher: Sharjah Cement and Industrial Development Company recorded higher net profits at AED 105.89 million in 2025, compared to AED 31.71 million at the end of December 2024. The earnings per share (EPS) increased to AED 0.17 last …

Financial Results

Photo Archive

14 August 2024 10:54 AM Sharjah Cement shifts to net profits in H1-24

Abu Dhabi – Mubasher: Sharjah Cement and Industrial Development Company turned profitable at AED 9.63 million in the first half (H1) of 2024, versus net losses of AED 5.85 million in H1-23. Revenue hiked to AED 337.92 million in the first six …

Financial Results

Photo Archive

15 May 2024 01:16 PM Sharjah Cement delivers growth in Q1-24 financials

Abu Dhabi – Mubasher: Sharjah Cement and Industrial Development Company shifted to net profits valued at AED 8.44 million in the first quarter (Q1) of 2024. The registered profits were compared to net losses worth AED 7.44 million in Q1-23, …

Financial Results

Photo Archive

15 February 2024 02:54 PM Sharjah Cement turns into profitability in 2023

Abu Dhabi – Mubasher: Sharjah Cement and Industrial Development Company turned profitable at AED 1.13 million in 2023, versus net losses amounting to AED 39.60 million in January-December 2022. The company generated revenues standing at AED 634.46 …

Financial Results

Photo Archive

5 March 2023 08:58 AM Sharjah Cement registers higher losses in 2022; dividends halt proposed

Abu Dhabi – Mubasher: Sharjah Cement and Industrial Development Company reported net losses attributable to the shareholders worth AED 39.60 million in 2022, versus AED 33.80 million in 2021. Revenues from contracts with customers hit AED 635.45 …

Financial Results

Sharjah Cement received the approval to withdraw from Boursa Kuwait

16 February 2021 00:01 PM CMA approves Sharjah Cement's voluntary withdrawal from Boursa Kuwait

Abu Dhabi – Mubasher: Sharjah Cement and Industrial Development Company has received the approval of the board of commissioners of the Capital Market Authority (CMA) to voluntarily withdraw from Boursa Kuwait. The company disclosed this decision …

Management Decisions

The basic and diluted loss per share settled at AED 0.078

15 November 2020 10:38 AM Sharjah Cement turns to losses in 9M

Abu Dhabi – Mubasher: The consolidated interim financial results of Sharjah Cement and Industrial Development Company showed net losses attributable to the owners of AED 47.4 million ($12.9 million) in the first nine months of 2020, against net …

Financial Results

The company's revenues declined to AED 223.72m

7 September 2020 08:01 AM Sharjah Cement incurs AED 25m net losses in H1-20

Abu Dhabi – Mubasher: Sharjah Cement and Industrial Development Company recorded net losses of AED 24.67 million in the first half (H1) of 2020, against net profits of AED 2.55 million in the same half of 2019, as shown by the company's …

Financial Results

EPS stood at AED 0.015 in Q1-20

8 June 2020 09:02 AM Sharjah Cement turns to losses in Q1-20

Abu Dhabi – Mubasher: Sharjah Cement and Industrial Development Company reported a net loss of AED 9.3 million during the first quarter (Q1) of 2020, versus AED 802,000 in net profits for the same period of 2019. The company's revenues reached …

Financial Results

Final decision will be made during the OGM's coming meeting

3 March 2020 02:53 PM Sharjah Cement may withdraw from Boursa Kuwait

Abu Dhabi – Mubasher: Shareholders of Sharjah Cement and Industrial Development Company, dually listed on the Abu Dhabi Securities Exchange (ADX) and Boursa Kuwait, will discuss delisting the company’s shares from Boursa Kuwait during the next …

Board of Directors

Sharjah Cement elects chairman and board member

13 October 2019 08:54 AM Sharjah Cement's board names new chairman

Mubasher: The board of Sharjah Cement and Industrial Development Co elected Othman Mohammed Sharif Abdullah as the new chairman. During its meeting on 12 October 2019, the board elected Salah Abdulla Al Noman as a new board member, according to a …

Management Decisions

Profit for H1-19 amounted to AED 2.54 million

4 August 2019 09:18 AM Sharjah Cement discloses H1 condensed consolidated financial results

Abu Dhabi – Mubasher: Sharjah Cement and Industrial Development Co, the dual-listed company on the Abu Dhabi Securities Exchange (ADX) and Boursa Kuwait, has reported its condensed consolidated financial results for the first half of 2019. Profit …

Financial Results

The company will pay total dividends of around AED 39.54 million

31 March 2019 09:50 AM Sharjah Cement approves 6.5 fils/shr dividend for FY 2018

Abu Dhabi – Mubasher: Sharjah Cement and Industrial Development on Sunday announced that its general assembly has approved distributing a cash dividend worth 6.5 fils per share for the year ended 31 December 2018. The company will …

Sharjah Cement’s board proposes paying 6.5 fils per share dividends for FY18

3 March 2019 02:28 PM Sharjah Cement proposes 6.5% dividends for FY18

Mubasher: The board members of Sharjah Cement and Industrial Development Co recommended distributing 6.5% of capital as a cash dividend for fiscal year 2018, according to a bourse statement on Sunday. Sharjah Cement’s board proposes paying …

Financial Results

Revenues decreased to AED 596.8 million in 2018

3 March 2019 11:52 AM Sharjah Cement FY18 profits plunge 55%

Mubasher: Sharjah Cement and Industrial Development Co registered a plummet of 54.6% in profits during fiscal year 2018 compared to the previous year, according to a bourse disclosure on Sunday. Earnings declined to AED 29.4 million in FY18 from …

Financial Results

The firm’s net profits amounted to AED 2.2 million from July to September, down from AED 12.4 million in Q3-17, according to statement

5 November 2018 04:07 PM Sharjah Cement’s profit drops 82% to AED 2m during Q3

Abu Dhabi – Mubasher: The initial income statements of Sharjah Cement and Industrial Development showed an 82.3% year-on-year drop in net profits during the third quarter of 2018. The cement firm posts AED 2.2 million in net profits from July to …

Financial Results

Sharjah Cement's revenues declined by 15.6% in Q2-18

31 July 2018 08:11 AM Sharjah Cement H1 profits fall to AED 17m

Mubasher: The initial income statements of Sharjah Cement and Industrial Development reported a drop of 77.6% in profits during the second quarter of 2018 compared to the same period in the previous year. Earnings shrank to AED 4.37 million in …

Financial Results

Sharjah Cement posted a growth of 1.5% in profits in FY17

25 March 2018 08:55 AM Sharjah Cement approves 8% dividends for FY17

Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of Sharjah Cement and Industrial Development Company on Saturday approved the board’s recommendation to distribute 8% of capital as a cash dividend for the fiscal year 2017. The last …

Financial Results

Sharjah Cement achieved a growth of 1.5% in profits in FY17

7 March 2018 09:45 AM Sharjah Cement to consider proposed dividends late March

Abu Dhabi – Mubasher: Sharjah Cement and Industrial Development Co will hold its ordinary general meeting (OGM) on 24 March to discuss the board’s recommendation to distribute 8% of capital as a cash dividend for fiscal year 2017. The shareholders …

General Assembly

The company’s shares increased to 608.25 million shares

4 January 2018 10:02 AM SCIDC issues 55.3m shares to Sharjah Social Insurance Fund

Abu Dhabi – Mubasher: Sharjah Cement and Industrial Development Company (SCIDC) on Thursday announced the conversion of its convertible sukuk, which were subscribed by Sharjah Social Insurance Fund, and the issuance of 55.29 million ordinary …

Sukuk and Islamic Finance

Basic and diluted earnings per share rose to AED 0.022 in Q3

7 November 2017 10:28 AM UAE’s SCDIC sees 10% net profit growth in Q3

Abu Dhabi – Mubasher: Sharjah Cement and Industrial Development Company (SCIDC) reported a 10.2% year-on-year increase in net profits in the third quarter of 2017 to AED 12.38 million ($3.37 million). The Abu Dhabi and Kuwait-listed company stated …

Financial Results

Photo Credit: Arabianeye-Reuters

1 May 2017 01:23 PM Sharjah Cement Q1 profits up 1.75%

Mubasher: Sharjah Cement and Industrial Development Co registered a rise of 1.75% in profits during the first quarter of 2017 when compared to the same period of 2016. The earnings amounted to AED 11.6 million ($3.16 million) in Q1-16, compared …

Financial Results

Photo Credit: Arabianeye-Reuters

16 April 2017 07:22 AM Sharjah Cement to pay 8% dividends, issue sukuk

Mubasher: Sharjah Cement and Industrial Development Co’s ordinary general meeting (OGM) on Saturday approved the proposal of distributing an 8% cash dividend of capital for fiscal year 2016. The company, which is listed on both Boursa Kuwait and …

Sharjah Cement will hold its ordinary general meeting on 15 April

5 March 2017 06:17 AM Sharjah Cement board proposes FY16 dividends

Mubasher: The board of Sharjah Cement and Industrial Development held a meeting on Saturday, recommending a cash dividend of 8% for fiscal year 2016, according to a bourse statement issued on Sunday. The board members proposed distributing 8 fils …

Board of Directors

Photo Credit: Mubasher

27 February 2017 01:30 PM Sharjah Cement to discuss dividend proposal early March

Mubasher: The board of Sharjah Cement and Industrial Development Co will hold a meeting on 4 March to look over the recommendation of distributing dividends for fiscal year 2016. The board members of Sharjah Cement, which is listed on both Boursa …

Financial Results