Abu Dhabi-Mubasher: Ras Al Khaimah Cement Company (RAK Cement) generated profits of AED 7.7 million ($2.1 million) in the fourth quarter of 2015, down 8.3% from AED 8.4 million ($2.3 million) in the corresponding period of 2014, according to a bourse filing on Sunday.
Financials showed an increase of 5.3% in profits to AED 14.93 million in the fiscal year 2015, compared to AED 17.2 million in the fiscal year 2014.
Revenues reached AED 225.1 million in FY15, compared to AED 232 million in FY14.
