Gulf Cement Co

Mubasher: The net losses of Gulf Cement Co. increased to AED 273.463 million in 2020, compared to AED 26.799 million in 2019, according to the company's financial results for 2020. The company has extinguished losses amounting to AED 265.5 million …

Mubasher: The Abu Dhabi Securities Exchange (ADX) has announced a 50% capital cut for Gulf Cement Co. in the Clearing, Settlement, Depository, and Registry Services Department (CSD). This reduction will be reflected in the shareholders' portfolio …

Mubasher: Gulf Cement Co. has obtained the approval of the Securities and Commodities Authority (SCA) in the UAE to cut its issued capital to AED 410.55 million from AED 821.1 million. To reduce its issued capital, 410.55 million shares will be …

Mubasher: The ordinary general meeting (OGM) of Gulf Cement Co.has approved a capital reduction by 50% to AED 410.55 million from AED 821.1 million to extinguish the accumulated losses as of 30 September 2020. The capital reduction will be …

Mubasher: Gulf Cement Co. recorded net losses of AED 268.13 million during the first nine months of 2020, up from AED 3.86 million in the year-ago period. The company's revenues plunged by 24% to AED 259.48 million in the January-September period …

Mubasher: Gulf Cement Co., dually listed on Boursa Kuwait and the Abu Dhabi Securities Exchange (ADX), has obtained approval from the Capital Markets Authority (CMA) in Kuwait to withdraw from Boursa Kuwait. The last day for the trading of the …

Mubasher: Gulf Cement Co., dually listed on Boursa Kuwait and the Abu Dhabi Securities Exchange (ADX), saw net losses of AED 28.9 million during the first quarter (Q1) of 2020, against AED 1.5 million profits in the year-ago period. The company's …

Mubasher: The ordinary general meeting (OGM) of Gulf Cement Company approved the board’s proposal to delist from Boursa Kuwait. The assembly also approved the board’s report for the fiscal year (FY) ended on 31 December 2019 regarding the …

Mubasher: Gulf Cement Company will submit a proposal concerning withdrawal from Boursa Kuwait due to higher annual fees.   The final decision will be announced on Thursday, 5 March, subject to the approval of the company's board of directors, …

Mubasher: The losses of Gulf Cement Co., listed on Boursa Kuwait and the Abu Dhabi Securities Exchange (ADX), amounted to KWD 2.21 million by 2019 year-end when compared to KWD 2.70 million in 2018, down by 18%.    Loss per share fell to 0.0025 …

Abu Dhabi – Mubasher: Gulf Cement Co., on Thursday, announced a turn to loss of AED 3.856 million over the nine months period ended 30 September 2019, against a profit of AED 1.604 million in the prior-year period. Revenue reached AED 341.012 …

Abu Dhabi – Mubasher: The financial results of Gulf Cement Co., a dual-listed company on the Abu Dhabi Securities Exchange (ADX) and Boursa Kuwait, incurred net losses worth around AED 598,270 during the second quarter of 2019 against AED 8.4 …

Abu Dhabi – Mubasher: Gulf Cement on Sunday announced that the company’s general assembly has approved distributing 5% cash dividends, or AED 41.029 million, to shareholders for the full-year 2018. The company will pay a dividend of 5 fils per …

Abu Dhabi – Mubasher: Gulf Cement Company reported turning to loss during the full-year 2018. Net losses amounted to AED 32.99 million in 2018, against a profit of AED 40.61 million in 2017, according to the company’s recent statement to the Abu …

Abu Dhabi - Mubasher: Gulf Cement Company, which is dual-listed on Boursa Kuwait and the Abu Dhabi Securities Exchange (ADX), on Monday reported a 95% drop in profits for the first nine months of 2018. Net profits amounted to AED 1.6 million for …

Abu Dhabi – Mubasher: Gulf Cement Company announced that Al Khair National for Stocks and Real Estate has suspended talks over selling its 37.81% stake in Gulf Cement to Liberty House Group. Al Khair has ended negotiations with the potential …

Mubasher: Gulf Cement on Sunday announced that it was resuming the transfer of its shares between Boursa Kuwait and the Abu Dhabi Securities Exchange (ADX). The stock transfer comes in line with the regulations and legal amendments that have been …

Mubasher: Gulf Cement Co has incurred losses in the first quarter of 2018 against a profit in the same period a year ago, according to a bourse statement on Monday. The company, which is listed on both Boursa Kuwait and the Abu Dhabi Securities …

Mubasher: The ordinary general meeting (OGM) of Gulf Cement Co approved the board’s recommendation to distribute 8% of the capital as a cash dividend for fiscal year 2017. The company, which is listed on both Boursa Kuwait and the Abu Dhabi …

Abu Dhabi – Mubasher: Gulf Cement Company on Sunday announced signing a non-disclosure agreement (NDA) with SIMEC Group LTD, a member of GFG Alliance, alongside National Investment Company KSCP, and Al Khair National for Stocks and Real Estate …

Mubasher: Al Khair National for Stocks and Real Estate Co. is in negotiations with the UK-headquartered company Liberty House Group, a possible purchaser that would buy Al Khair’s entire stake in Gulf Cement Co. Al Khair intends to sell its …

Abu Dhabi – Mubasher: Gulf Cement Company on Monday said it has sent a request to the Kuwait Clearing Company for an exemption from the maximum and minimum trading limits on Boursa Kuwait. The company cited that it was officially listed on Boursa …

Abu Dhabi – Mubasher: Gulf Cement Company posted a 1.2% drop in profits for the second quarter of 2017, compared to the same period of the year before, according to a statement on Thursday. The firm achieved profits of AED 13.59 million ($3.69 …

Kuwait - Mubasher: Gulf Cement Co reported a growth of 103.5% in profits during the first quarter of 2017, compared to the same quarter of 2016. Earnings increased to AED 8.12 million ($2.21 million) in Q1-17 from AED 3.99 million ($1.09 million) …

Kuwait – Mubasher: Gulf Cement Company’s shareholders approved the proposal to distribute cash dividends for 2016, representing 10% of capital, according to a bourse filing on Thursday. The meeting held on Wednesday also approved the Abu Dhabi and …