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RAK White Cement logs AED 17.9bn profit in 9M-19

RAK White Cement logs AED 17.9bn profit in 9M-19
Sales grew to AED 180.162 billion in 9M
RAK White Cement
RAKWCT
-2.97% 0.98 -0.03

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 to AED 180.162 million in the January-September 2019 period when compared to AED 170.08 million during the same period in 2018, according to a bourse statement on Sunday.   

As regards the first half of 2019, the company achieved a profit of AED 12.67 million, down from AED 13.42 million in the prior-year period.

RAK Cement is dually-listed on the Abu Dhabi Securities Exchange (ADX) and Boursa Kuwait.