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News RAK White Cement's sales rise as profit drops in 2022

RAK White Cement's sales rise as profit drops in 2022

Written by Global Cement staff 06 February 2023
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UAE: RAK White Cement recorded consolidated sales of US$67.4m in 2022, up by 3.3% year-on-year from US$65.3m in 2021. The producer recorded a 36% year-on-year profit drop to US$5.74m from US$8.95m.

During the third quarter of the year, RAK White Cement secured the approval of its board of directors to delist its shares from the Boursa Kuwait stock exchange.

Published in Global Cement News
Tagged under
  • UAE
  • RAK Cement Company
  • Results
  • delist
  • Kuwait
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