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For the three months ended 31 March 2018, Union Cement Company P.S.C. revenues increased 8% to AED161.2M. Net income decreased 16% to AED10.6M. Revenues reflect United Arab Emirates segment increase of 26% to AED84.2M. Net income was offset by Selling/General/Admin. Expense increase of 27% to AED14.3M (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at AED0.02.
Period Ending: | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 |
---|---|---|---|---|
Total Revenue | 161.2 | 158.2 | 144.32 | 148.56 |
Gross Profit | 20.8 | 45.23 | 33.2 | 33.99 |
Operating Income | 6.51 | 28.89 | 20.41 | 22.64 |
Net Income | 10.64 | 36.59 | 19.27 | 24.38 |
Period Ending: | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 |
---|---|---|---|---|
Total Assets | 1381.38 | 1371.11 | 1340.16 | 1319.58 |
Total Liabilities | 136.55 | 128.85 | 135.59 | 135.49 |
Total Equity | 1244.83 | 1242.26 | 1204.57 | 1184.09 |
Period Ending: | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 |
---|---|---|---|---|
Period Length: | 3 Months | 12 Months | 9 Months | 6 Months |
Cash From Operating Activities | -1.35 | 87.33 | 63.87 | 35.44 |
Cash From Investing Activities | 50.27 | -66.78 | -49.93 | -8.22 |
Cash From Financing Activities | -6.36 | -86.66 | -83.3 | -83.3 |
Net Change in Cash | 42.56 | -66.1 | -69.36 | -56.09 |
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