Sharjah Cements to approve 8% cash dividend plan

08/03/2018 05:42 AST

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 proceeds will amount to Dh48.66 million, the company said in a statement posted on Abu Dhabi Securities Exchange's website.

The company posted a Dh64.7 million of net profit in 2017, almost flat compared to 2016. Revenues rose to Dh649 million in 2017, from Dh612 million in 2016.


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Sharjah Cement approves 10% cash dividend

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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.

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

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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

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