Abu Dhabi-Mubasher: Sharjah Cement and Industrial Development Co. (SCIDC) made profits of AED 24.6 million ($6.7 million) in the three months ended 31 December 2015, a slight rise of 2.5% from AED 24 million ($6.5 million) in the same period of 2014, according to a bourse filing on Sunday.
In the fiscal year 2015, net profits reached AED 62 million, nearly remaining flat as compared to figures from the fiscal year 2014.
Revenues stood at AED 636 million in FY15, compared to AED 675 million in FY14.