The Abu Dhabi market measure ADXGI fell 0.15% to close at 3,837.37 points. Gulf Cement Co. advanced the most, closing 14.80% higher at Dhs1.63. According to Kuwait Finance House (KFH) research, the value of contracts infrastructure projects ...
Tags: Construction, cement
Gulf Cement managed to reduce its net losses by 88% in 2012 to $1.8m (AED: 6.7m), compared with a $15m loss in 2011. The company s sales edged up by 1% to $165.3m, but selling costs and finance charges both reduced and the profit it ...
Tags: Gulf Cement, sales, company news
UAE: A series of results has been released by cement producers in the United Arab Emirates. Sharjah Cement has announced a US$3.5m net profit for the first half of 2012, an improvement from a US$0.6m loss in the first six months of 2011. ...
Tags: market view, cement
The Abu Dhabi market index ADXGI gained 0.14% to close at 2, 514.45 points. While Etisalat (off 0.44%) weighed on the gauge, Aldar Properties (up 0.82%) supported the measure, gaining Gulf Cement Company reported a 99% increase in half-year ...
Tags: market view, cement