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 fiscal year ending December 31, 2025, representing 68.35% of its capital.
The losses were primarily driven by the suspension of operations from January 1, 2024, to June 2025 due to refurbishment activities and financial liquidity constraints.
Following the resumption of operations in June 2025, the company has contracted 75% of its clinker production for export and is targeting a 50% market share.
Management reported a positive trend in Q4 2025, with losses significantly reduced as the plant returned to higher capacity and improved cost controls.