Sharjah Cement and Industrial Development Co PJSC News - Mubasher Info
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22 June 07:23 PM

Sharjah Cement and Industrial Development Co PJSC (SCIDC)

Last update: 02:57 PM market time.
1.21
0.06
5.13%
Open 1.19
Previous Close 1.17
High 1.23
Low 1.18
Stock Statistics
Volume 958,878
Turnover 1,158,582.60
All data are 15 minutes late during market session

News

Photo Archive
18 February 12:23 PM Sharjah Cement posts higher profits at AED 106m in 2025
Abu Dhabi – Mubasher: Sharjah Cement and Industrial Development Company recorded higher net profits at AED 105.89 million in 2025, compared to AED 31.71 million at the end of December 2024. The earnings per share (EPS) increased to AED 0.17 last …
Financial Results
Photo Archive
14 August 2024 00:54 PM Sharjah Cement shifts to net profits in H1-24
Abu Dhabi – Mubasher: Sharjah Cement and Industrial Development Company turned profitable at AED 9.63 million in the first half (H1) of 2024, versus net losses of AED 5.85 million in H1-23. Revenue hiked to AED 337.92 million in the first six …
Financial Results
Photo Archive
15 May 2024 03:16 PM Sharjah Cement delivers growth in Q1-24 financials
Abu Dhabi – Mubasher: Sharjah Cement and Industrial Development Company shifted to net profits valued at AED 8.44 million in the first quarter (Q1) of 2024. The registered profits were compared to net losses worth AED 7.44 million in Q1-23, …
Financial Results
Photo Archive
15 February 2024 04:54 PM Sharjah Cement turns into profitability in 2023
Abu Dhabi – Mubasher: Sharjah Cement and Industrial Development Company turned profitable at AED 1.13 million in 2023, versus net losses amounting to AED 39.60 million in January-December 2022. The company generated revenues standing at AED 634.46 …
Financial Results
Photo Archive
5 March 2023 10:58 AM Sharjah Cement registers higher losses in 2022; dividends halt proposed
Abu Dhabi – Mubasher: Sharjah Cement and Industrial Development Company reported net losses attributable to the shareholders worth AED 39.60 million in 2022, versus AED 33.80 million in 2021. Revenues from contracts with customers hit AED 635.45 …
Cash Dividends
Sharjah Cement received the approval to withdraw from Boursa Kuwait
16 February 2021 02:01 PM CMA approves Sharjah Cement's voluntary withdrawal from Boursa Kuwait
Abu Dhabi – Mubasher: Sharjah Cement and Industrial Development Company has received the approval of the board of commissioners of the Capital Market Authority (CMA) to voluntarily withdraw from Boursa Kuwait. The company disclosed this decision …
Management Decisions
The basic and diluted loss per share settled at AED 0.078
15 November 2020 00:38 PM Sharjah Cement turns to losses in 9M
Abu Dhabi – Mubasher: The consolidated interim financial results of Sharjah Cement and Industrial Development Company showed net losses attributable to the owners of AED 47.4 million ($12.9 million) in the first nine months of 2020, against net …
Financial Results
The company's revenues declined to AED 223.72m
7 September 2020 10:01 AM Sharjah Cement incurs AED 25m net losses in H1-20
Abu Dhabi – Mubasher: Sharjah Cement and Industrial Development Company recorded net losses of AED 24.67 million in the first half (H1) of 2020, against net profits of AED 2.55 million in the same half of 2019, as shown by the company's …
Financial Results
EPS stood at AED 0.015 in Q1-20
8 June 2020 11:02 AM Sharjah Cement turns to losses in Q1-20
Abu Dhabi – Mubasher: Sharjah Cement and Industrial Development Company reported a net loss of AED 9.3 million during the first quarter (Q1) of 2020, versus AED 802,000 in net profits for the same period of 2019. The company's revenues reached …
Financial Results
Final decision will be made during the OGM's coming meeting
3 March 2020 04:53 PM Sharjah Cement may withdraw from Boursa Kuwait
Abu Dhabi – Mubasher: Shareholders of Sharjah Cement and Industrial Development Company, dually listed on the Abu Dhabi Securities Exchange (ADX) and Boursa Kuwait, will discuss delisting the company’s shares from Boursa Kuwait during the next …
Board of Directors
Sharjah Cement elects chairman and board member
13 October 2019 10:54 AM Sharjah Cement's board names new chairman
Mubasher: The board of Sharjah Cement and Industrial Development Co elected Othman Mohammed Sharif Abdullah as the new chairman.  During its meeting on 12 October 2019, the board elected Salah Abdulla Al Noman as a new board member, according to a …
Company News
Profit for H1-19 amounted to AED 2.54 million
4 August 2019 11:18 AM Sharjah Cement discloses H1 condensed consolidated financial results
Abu Dhabi – Mubasher: Sharjah Cement and Industrial Development Co, the dual-listed company on the Abu Dhabi Securities Exchange (ADX) and Boursa Kuwait, has reported its condensed consolidated financial results for the first half of 2019. Profit …
Financial Results
The company will pay total dividends of around AED 39.54 million
31 March 2019 11:50 AM Sharjah Cement approves 6.5 fils/shr dividend for FY 2018
Abu Dhabi – Mubasher: Sharjah Cement and Industrial Development on Sunday announced that its general assembly has approved distributing a cash dividend worth 6.5 fils per share for the year ended 31 December 2018. The company will …
Cash Dividends
Sharjah Cement’s board proposes paying 6.5 fils per share dividends for FY18
3 March 2019 04:28 PM Sharjah Cement proposes 6.5% dividends for FY18
Mubasher: The board members of Sharjah Cement and Industrial Development Co recommended distributing 6.5% of capital as a cash dividend for fiscal year 2018, according to a bourse statement on Sunday.  Sharjah Cement’s board proposes paying …
Board of Directors
Revenues decreased to AED 596.8 million in 2018
3 March 2019 01:52 PM Sharjah Cement FY18 profits plunge 55%
Mubasher: Sharjah Cement and Industrial Development Co registered a plummet of 54.6% in profits during fiscal year 2018 compared to the previous year, according to a bourse disclosure on Sunday.  Earnings declined to AED 29.4 million in FY18 from …
Financial Results
The firm’s net profits amounted to AED 2.2 million from July to September, down from AED 12.4 million in Q3-17, according to statement
5 November 2018 06:07 PM Sharjah Cement’s profit drops 82% to AED 2m during Q3
Abu Dhabi – Mubasher: The initial income statements of Sharjah Cement and Industrial Development showed an 82.3% year-on-year drop in net profits during the third quarter of 2018. The cement firm posts AED 2.2 million in net profits from July to …
Financial Results
Sharjah Cement's revenues declined by 15.6% in Q2-18
31 July 2018 10:11 AM Sharjah Cement H1 profits fall to AED 17m
Mubasher: The initial income statements of Sharjah Cement and Industrial Development reported a drop of 77.6% in profits during the second quarter of 2018 compared to the same period in the previous year. Earnings shrank to AED 4.37 million in …
Financial Results
Sharjah Cement posted a growth of 1.5% in profits in FY17
25 March 2018 10:55 AM Sharjah Cement approves 8% dividends for FY17
Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of Sharjah Cement and Industrial Development Company on Saturday approved the board’s recommendation to distribute 8% of capital as a cash dividend for the fiscal year 2017. The last …
Cash Dividends
Sharjah Cement achieved a growth of 1.5% in profits in FY17
7 March 2018 11:45 AM Sharjah Cement to consider proposed dividends late March
Abu Dhabi – Mubasher: Sharjah Cement and Industrial Development Co will hold its ordinary general meeting (OGM) on 24 March to discuss the board’s recommendation to distribute 8% of capital as a cash dividend for fiscal year 2017. The shareholders …
General Assembly
The company’s shares increased to 608.25 million shares
4 January 2018 00:02 PM SCIDC issues 55.3m shares to Sharjah Social Insurance Fund
Abu Dhabi – Mubasher: Sharjah Cement and Industrial Development Company (SCIDC) on Thursday announced the conversion of its convertible sukuk, which were subscribed by Sharjah Social Insurance Fund, and the issuance of 55.29 million ordinary …
Sukuk and Islamic Finance
Basic and diluted earnings per share rose to AED 0.022 in Q3
7 November 2017 00:28 PM UAE’s SCDIC sees 10% net profit growth in Q3
Abu Dhabi – Mubasher: Sharjah Cement and Industrial Development Company (SCIDC) reported a 10.2% year-on-year increase in net profits in the third quarter of 2017 to AED 12.38 million ($3.37 million). The Abu Dhabi and Kuwait-listed company stated …
Financial Results
Photo Credit: Arabianeye-Reuters
1 May 2017 03:23 PM Sharjah Cement Q1 profits up 1.75%
Mubasher: Sharjah Cement and Industrial Development Co registered a rise of 1.75% in profits during the first quarter of 2017 when compared to the same period of 2016. The earnings amounted to AED 11.6 million ($3.16 million) in Q1-16, compared …
Financial Results
Photo Credit: Arabianeye-Reuters
16 April 2017 09:22 AM Sharjah Cement to pay 8% dividends, issue sukuk
Mubasher: Sharjah Cement and Industrial Development Co’s ordinary general meeting (OGM) on Saturday approved the proposal of distributing an 8% cash dividend of capital for fiscal year 2016. The company, which is listed on both Boursa Kuwait and …
Sukuk and Islamic Finance
Sharjah Cement will hold its ordinary general meeting on 15 April
5 March 2017 08:17 AM Sharjah Cement board proposes FY16 dividends
Mubasher: The board of Sharjah Cement and Industrial Development held a meeting on Saturday, recommending a cash dividend of 8% for fiscal year 2016, according to a bourse statement issued on Sunday. The board members proposed distributing 8 fils …
General Assembly
Photo Credit: Mubasher
27 February 2017 03:30 PM Sharjah Cement to discuss dividend proposal early March
Mubasher: The board of Sharjah Cement and Industrial Development Co will hold a meeting on 4 March to look over the recommendation of distributing dividends for fiscal year 2016. The board members of Sharjah Cement, which is listed on both Boursa …
Board of Directors