Sharjah Cement and Industrial Development Co. Board of Directors Report for the Period Ended December 31,2025 | premargin
Sharjah Cement and Industrial Development Co. Board of Directors Report for the Period Ended December 31,2025
·ADX·Financial Reports | Board of Directors Report / Management 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 from AED 31.7 million in 2024.
Annual sales grew to AED 782.6 million compared to AED 680.1 million in the prior year, while total shareholders' equity reached AED 1.45 billion.
The company will appoint a new audit firm at the forthcoming Annual General Meeting to replace Ernst & Young, who have completed a six-year consecutive term.