Fujairah Cement achieved profits of AED 56.72 million in 2016 (Photo Credit: Arabianeye-Reuters)
Fujairah Cement
FCI
FCI
Abu Dhabi – Mubasher: Fujairah Cement Industries Co. saw a 57.3% year-on-year decline in its profits during the fourth quarter of 2016, according to a bourse filing.
Profits reached AED 11.07 million ($3.01 million) in Q4-16, compared to AED 25.95 million in Q4-15.
The company achieved profits of AED 56.72 million in 2016, up 12% from AED 50.65 million in 2015.
Source:
Mubasher
