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 8.16 0.14 (1.74%)
MODON 3.03 -0.01 (-0.33%)
ADNOCLS 5.97 0.04 (0.67%)
SALIK 6.00 0.20 (3.44%)
AIRARABIA 5.60 -0.07 (-1.24%)

Recent News

Takween Advanced Industries Unveils Capital Restructuring Plan

24/06/2026

Takween Advanced Industries (Tadawul: 1201) has announced that its Board of Directors, in a meeting held on June 23, 2026, resolved to recommend a significant restructuring of the company's capital.

Borsatalkhaleej

NBK's exclusive offer for new Jawhara customers: KD 50 and a chance to become a millionaire

24/06/2026

National Bank of Kuwait (NBK) has launched an exclusive offer for new customers, enabling them to open an Al-Jawhara account seamlessly through the NBK Mobile Banking App, without the need to visit a

Kuwait Times

Action Energy Co appoints KIC as market maker to enhance share liquidity

24/06/2026

Action Energy Company KSCP. (listed on the Premier Market of Boursa Kuwait: ALFTAQA), Kuwait's leading local partner for integrated upstream services, owner and operator of one of the youngest rig fl

Kuwait Times

Dana Gas gets Egypt dues cleared after new gas find beats forecast

24/06/2026

Dana Gas said Egypt has settled all overdue receivables and returned to full, timely payments, giving the Sharjah-based natural gas company fresh confidence to continue investing in the country after

Gulfnews

OQEP signs amendment to Block 9 agreement to boost oil output, reserves growth

24/06/2026

OQ Exploration & Production (OQEP) has signed an amendment to the Exploration and Production Sharing Agreement (EPSA) for Block 9, a move aimed at increasing operational activity, supporting producti

Muscat Daily

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