Ras Al-Khaimah Cement records net profit increase

Ras Al-Khaimah Cement has recorded a substantial increase in net profit for the full-year period of 2017, reaching AED21.3m (US$5.79m) from AED5.8m a year ago.

However, the company also announced a fall in revenue to AED199.2m from AED229.5m of 2016, reports Reuters.