Union Cement Co posted a AED18.2m (US$5m) profit for the first quarter of 2014, a 220 per cent increase compared with AED18.2m a year earlier.
Revenues for the first quarter declined to AED138.5m, compared to AED 161.7m in year-earlier period.

Cement prices recovering in China
Cement prices in China are rebounding strongly as producers seek to improve profitability follow...