22 Hrs
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الخليج
Al Ghaalil Cement Posts 13.2M Dirhams Profit
During the first half of 2026, Gulf Cement Company achieved a significant turnaround from a loss to profit, recording a net profit after tax of 13.2 million dirhams, compared to a loss of 13.4 million dirhams in the same period of the previous year. This was supported by an 18% increase in revenues, reaching 324.7 million dirhams, driven by improved selling prices and a higher sales mix, along with cost control and disciplined management of operating expenses. Additionally, the company experienced a rise in operating profit by 27.8 million dirhams, reaching 17.5 million dirhams, after suffering losses in 2025.
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