National Cement Company’s profit wilts so far in 2018

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UAE: National Cement Company’s profit fell by 5.8% to US$12.1m in the first nine months of 2018 from US$12.9m in the same period in 2017. This was accompanied by a marked increase in administration, selling and distribution costs. Despite this, its revenue rose by 7.6% to US$55m from US$41.8m.

Last modified on 21 November 2018

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