National Cement Public Shareholding : Preliminary financial results for the year of 2021
February 10, 2022 at 12:09 am EST
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Preliminary Results of Public Joint Shareholders Company
Final Result Brief for the year ended 31st December 2021
First - General Information :
Name of the company
National Cement Company psc
Date Establishment
Apr 10, 1968
Paid up capital
AED.358,800,000 (Dirhams Three Hundred Fifty
Eight Million Eight Hundred Thousand
Subscribed capital
AED.358,800,000 (Dirhams Three Hundred Fifty
Eight Million Eight Hundred Thousand
Authorized capital
AED.358,800,000 (Dirhams Three Hundred Fifty
Eight Million Eight Hundred Thousand
Chairman of the Board
Mr. Rashid Saif Ahmed Al Ghurair
General Manager
Mr. Mohamed Abdulla Ahmed Al Ghurair
Name of the external auditor
Ernst & Young
Mailing address
P.O. Box 4041, Dubai U.A.E
Tel04-3388885
Fax04-3388886
E ʹ mail
pro@nationalcement.ae
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Second - Preliminary Results (000 AED) :
Year Ending on
Year Ending on
31/12/2021
31/12/2020
Total Assets
1,915,538
1,641,412
Shareholders Equity
1,718,870
1,357,235
Revenues
147,467
183,087
Net Operating Profit/ (Loss)
(13,461)
(45,485)
Net profit / (Loss) for the year
48,972
(3,389)
Earnings per share (in AED)
0.14
(0.01)
Rashed Saif Ahmed Alghurair
Chairman
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Disclaimer
National Cement Company PSC published this content on 10 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 February 2022 05:08:03 UTC.
National Cement Company PSC is a United Arab Emirates-based company engaged in the manufacture and sale of cement and related products. The Companyâs products include ordinary portland cement, high sulphate resisting portland cement, moderate sulphate resisting portland cement, portland blast furnace cement, high slag portland cement and white aggregates. The Companyâs manufacturing plant has an annual production capacity of more than 1.5 million tons of cement. In addition, the Company also invests in investment securities and derivative products. As of December 31, 2011, the Company produced 899,178 tons of Cement. National Cement Company PSC serves the United Arab Emirates and the Gulf Cooperation Council (GCC) markets.
NATIONAL CEMENT COMPANY 
