UAE: Umm Al-Qaiwain Cement Industries Co has reported a profit drop of 93.3% to US$417,000 in the first quarter of 2015, compared to US$6.2m in the same period of 2014. The company had previously reported a net profit of US$1.58m in its 2014 financial year, a plunge of 67.3% from US$6.67m in 2013.
Umm Al-Qaiwain Cement’s profit slides 93%
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