Fujairah Cement Industries Financial Results for the Period Ended December 31,2025 | premargin
Fujairah Cement Industries Financial Results for the Period Ended December 31,2025
·ADX·Financial Reports | Financial Report·March 26, 2026·View on exchange
AI Summary
Fujairah Cement Industries reported a net loss of AED 91.22 million for the full year ended December 31, 2025, which improved from a loss of AED 183.25 million in 2024.
Annual revenue grew to AED 114.99 million from AED 2.60 million the previous year, driven by the resumption of production on June 14, 2025, and cement dispatches starting June 23, 2025.
Independent auditors issued an adverse opinion citing material uncertainty regarding the company's ability to continue as a going concern, noting that current liabilities exceed current assets by AED 677.13 million.
Accumulated losses reached AED 243.25 million as of December 31, 2025, even after setting off AED 161.75 million against statutory reserves at the end of 2024.
Qatar Index10,021.90-1.4%
DFM Index5,510.99-0.1%
TASI11,078.89-0.1%
Emirates NBD27.60-3.2%
Dubai Electricity & Water Authority2.65+0.4%
EMAAR12.10-0.4%
EMAARDEV13.750.0%
ADNOC GAS3.240.0%
First Abu Dhabi Bank17.38-1.0%
Emirates Telecom18.78+0.6%
Abu Dhabi Commercial Bank12.64+0.8%
ALRAJHI104.10-0.2%
SNB41.70-1.9%
MAADEN63.70-1.2%
SABIC58.40-0.9%
Boubyan Bank0.68-0.6%
GULF BANK0.33+0.6%
Commercial Bank Of Kuwait0.47-3.3%
Burgan Bank0.210.0%
QNB16.68-1.3%
Industries Qatar10.66-1.8%
Qatar Islamic Bank22.32-1.2%
Ooredoo12.19-3.5%