Fujairah Cement Industries Report of accumulated losses for the year December 31,2025
·ADX·Financial Reports | Report of accumulated losses·March 26, 2026·View on exchange
AI Summary
Fujairah Cement Industries reported accumulated losses of AED 243,246,568 for the year ended December 31, 2025, representing 68.35% of its capital.
The losses primarily resulted from a suspension of operations between January 1, 2024, and June 2025 due to major refurbishment activities and financial liquidity constraints.
Operations resumed in June 2025, leading to a significant reduction in losses during Q4 2025 as the plant operated at higher capacity and fixed cost absorption improved.
To address the deficit, the company is targeting a 50% market share and has contracted 75% of its clinker production for export to ensure stable revenue and improved margins.