RAK White Cement swings to profits in Q3

Abu Dhabi – Mubasher: RAK White Cement turns profitable during the third quarter of 2016, according to a bourse statement.

The company generated profits of AED 557,560 ($151,760) in Q3-16, against losses of AED 3.36 million ($914,000) in Q3-15.

Profits rose 28% to AED 22.94 million in the first nine months of 2016, compared to AED 17.93 million in the same period of 2015.

Mubasher Contribution Time: 06-Nov-2016 06:23 (GMT)
Mubasher Last Update Time: 06-Nov-2016 06:23 (GMT)