National Cement reported a 46.2 per cent drop in third-quarter net profits to AED9.85m (US$2.7m) from AED18.31m 3Q15.
For the first nine months of 2016, the company posted net profits of AED73.48m, down from AED88.52m reported in the equivalent period of last year.
US tariffs will hit Greek and Canadian cement producers hardest
Canadian and Greek cement producers will be hit hardest by US tariffs. Adding to the already ann...