Abu Dhabi – Mubasher: Fujairah Cement Industries, listed on the Abu Dhabi Securities Exchange (ADX), has achieved a net profit of AED 7.747 million for the first half of 2019, versus AED 11.89 million in H1-18.

The company has also generated total revenue of AED 294.31 million for the six-month period ended 30 June 2019, compared AED 317.73 million in H1-18, according to the board of directors’ report on H1-19 financial results.

Moreover, the shareholders' equity totaled AED 1.028 billion as at 30 June 2019, compared to AED 1.039 billion as at 31 December 2018.

In May, Fujairah Cement announced it had logged a net profit of AED 1.096 million for the first quarter of 2019, compared to AED 7.53 million in Q1-18.

The company's revenues reached AED 156.66 million in Q1-19, versus AED 163.21 million in the year-ago period.