Dubai – Mubasher: National Cement Co. posted an increase of 43.9% in net profits for the second quarter of 2016.
The Emirati cement producer saw net profits of AED 48.53 million ($13.21 million) for Q2-2016, up from AED 33.73 million ($9.18 million) for the same period of the previous year.
As for the first half of 2016, the company registered net profits of AED 63.62 million down by 9.4% from AED 70.2 million for the comparable period of the preceding year.
