Sharjah Cement H1 profit rises 103% to AED 77.4M
- Source
- Argaam - UAE News
- Source link
- https://www.argaam.com/en/financial-reports/company-report/5425/2026/71?preview=true
- Published
- 2026-08-13 11:32:00
- Discovered by ProcIntel
- 2026-08-13 16:14:05
- Category
- GCC Spotlight
- Geography
- UAE
- Organisations
- —
- Review status
- Pending
- Record type
- REAL
Summary
<p>ADX-listed Sharjah Cement and Industrial Development Co. reported a 103% increase in net profit to AED 77.4 million, or AED 0.13 per share, in the first half of 2026, from AED 38 million a year earlier.</p> <p></p> <p class="PDq2pG_selectionAnchorContainer" data-end="971" data-start="827">The higher profit was driven by a rise in the income margin to 21.8% from 14.0% in H1 2025, as revenue growth outpaced the increase in cost of sales.</p> <p class="PDq2pG_selectionAnchorContainer" data-end="971" data-start="827"></p> <p data-end="1053" data-start="973">Finance costs fell 11% to AED 12.0 million in H1 2026 from AED 13.5 million a year earlier.</p> <p data-end="1053" data-start="973"></p> <p data-end="1128" data-is-last-node="" data-is-only-node="" data-start="1055">Other income rose 26% to AED 3.4 million from AED 2.7 million in H1 2025.</p>
Procurement Relevance Gate
- geographic_exposure (weight 8) — matched on "1 linked geography"
Initial Signal Assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically-computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
Not Assessed — this Signal did not pass the Procurement Relevance Gate, or is fictional/excluded test data.