UAE: Union Cement has reported an 8% decline in its profits for the first six months of 2015 to US$14.9m from US$16.2m in the sale period in 2014. Union Cement's revenue fell by 3.7% to US$85.7m in the first half from US$88.9m. The cement producer attributed the decline to falling sales volumes during the reporting period.

Union Cement first half profit falls to US$14.9m
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