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Fujairah Cement Industries narrows losses in H1

Fujairah Cement Industries narrows losses in H1
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Fujairah Cement
FCI
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Abu Dubai – Mubasher: Fujairah Cement Industries Company reported a decline in losses by 9% to AED 25.7 million in the first half (H1) of 2021, from AED 28.2 million in H1-20.

The company attributed the decrease in losses to lower finance costs, which dropped by 36% to AED 10.3 million from AED 16.1 million, according to the company’s disclosure on Sunday.