Abu Dhabi - Mubasher: Fujairah Cement Industries (FCI) posted on Sunday its financial results for the fourth quarter of 2015, showing a jump by 26% in net profits of AED26 million ($7.07 million), compared to AED8.71 million ($2.37 million) in the same period of 2014.
FCI’s full-year net profit climbed 96.55% to AED50.65 million ($1 million) as compared to AED25.77 million ($1 million) in the fiscal year of 2014.
The company's sales in 2015 reached AED612.21 million, down 0.53% versus AED615.5 million.
Fujairah Cement generated net profits of AED24.7 million ($6.7 million) in the first nine months of 2015, compared to 17.06 million ($4.64 million) in the same period last year.
