Sunday 22 December 2024
 
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Union Cement

Union Cement plans to become private company

Union Cement Company, currently listed on the Abu Dhabi Securities Exchange (ADX), plans to de-list its shares from the stock exchange and convert into a private joint stock company. At the company's recently held General Asse

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Union Cement Q2 net plunges 60pc

Union Cement Company posted a 60.2 per cent drop in net profit in the second quarter on high raw material and fuel costs, as well as a sharp decline in income from investments in shares. Net profit in the three months ended June 30 fell to

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