SCIDC reports net profit of AED 12.7million for the six months period

29/07/2012 12:57 AST

The Net profit of Sharjah Cement and Industrial Development Company (SCIDC) for the first half of 2012 stood at AED 12.7million versus a loss of AED 2.1 million for the same period last year.

The Company reported 15 percent increase in turnover for first half of 2012 comparing first half of 2011.The increase in local selling prices and high volume of cement export helped increase the turnover to AED 321.4 million from AED 280.7 million in 2011.

The company's shareholder equity is marginally lower than the same period in 2011 and stands at AED 1296 million.


Gulfbase.com

News

Sharjah Cements to approve 8% cash dividend plan

08/03/2018

Sharjah Cement and Industrial Development said it will hold its annual general meeting (AGM) on March 24 to discuss and approve 8 per cent cash dividend or 8 fils per share.

The dividend pr

Gulf News

Sharjah Cement approves 10% cash dividend

06/04/2015

Sharjah Cement and Industrial Development said it's ordinary general meeting has approved on distributing a cash dividend of 10 per cent, or a total Dh55.3 million.

The last date to partic

Gulf News

Lower costs save Sharjah Cement profit

01/11/2010

Sharjah Cement & Industrial Development, a cement maker listed on the Abu Dhabi Securities Exchange, says its net profit in the third quarter rose to Dh6.7 million (US$1.8m) from a loss of Dh4.4m in

The National

Most Viewed Companies

Ticker Price Volume

Valuation

SCIDC Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
ALPHADHABI 7.32 0.09 (1.24%)
MODON 2.97 0.10 (3.48%)
ADNOCLS 5.77 0.04 (0.69%)
SALIK 5.73 0.08 (1.41%)
ADPORTS 4.42 0.13 (3.03%)

Recent News

Gulf Bank launches beach cleanup campaign to mark World Ocean Day

10/06/2026

In line with its ongoing commitment to environmental sustainability and raising community awareness about the importance of protecting natural resources, Gulf Bank launched a beach cleanup campaign n

Kuwait Times

First Avenue fund targets prime Saudi education real estate assets

10/06/2026

First Avenue for Real Estate Development Company has announced that it has signed an agreement with SNB Capital, Dar Al Majed Real Estate Company (Almajdiah) and Rekaz Real Estate Company to establis

Trade Arabia

AD Ports launches trial operations at Noatum Ports - Safaga Terminal in Egypt

10/06/2026

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, today launched trial operations at Noatum Ports - Safaga Terminal in Egypt ahead of the terminal's full

Trade Arabia

GFH, Octo in deal to develop $300m logistics and industrial platform

10/06/2026

GFH Bank today (June 9) announced the signing of a strategic MoU with Octo Management Consultancies to collaborate on the development of a $300 million logistics and industrial real estate platform a

Trade Arabia

Umm Al Qura unveils new mixed-use urban destination in Makkah

10/06/2026

Saudi developer Umm Al Qura has announced the unveiling of Masar Gardens, a mixed-use urban destination in Makkah featuring residential, commercial, hospitality, and public-use components backed by e

Trade Arabia

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap