Sharjah Cement and Industrial Development Co. Financial Results for the Period Ended December 31,2025
·ADX·Financial Reports | Financial Report·March 6, 2026·View on exchange
AI Summary
Sharjah Cement reported a net profit of AED 105.9 million for the fiscal year ended December 31, 2025, a significant increase compared to AED 31.7 million in 2024.
The Board of Directors proposed a cash dividend of AED 0.10 per share, totaling AED 60.8 million, representing an increase from the AED 0.05 per share proposed for the previous year.
Annual revenue rose to AED 782.6 million from AED 680.1 million in 2024, supported by the incorporation of a new wholly-owned subsidiary, Sharjah Ready Mix Concrete Products Co. L.L.C.SP.
The Group completed the sale of its entire 35.5% stake in Autoline Industrial Parks Ltd. in India and announced that a new audit firm will be appointed at the upcoming Annual General Meeting to replace Ernst
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