National Cement's profits fell 5.3% year-on-year in 2016 (Photo Credit: Arabianeye-Reuters)
National Cement
NCC
NCC
Dubai – Mubasher: National Cement Co. reported a rise of 201.6% in its net profits during the fourth quarter of 2016, according to a bourse statement.
Net profits amounted to AED 15.08 million ($4.10 million) in Q4-16, compared to AED 5 million ($1.36 million) in Q4-15.
In 2016, profits fell 5.3% to AED 88.66 million from AED 93.53 million in 2015.
Source:
Mubasher
