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NCC turns profitable in H1-21

NCC turns profitable in H1-21
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National Cement
NCC
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Dubai – Mubasher: The board of National Cement Company (NCC) has turned profitable in the first half (H1) of 2021, achieving AED 3.5 million in earnings, against losses of AED 25.2 million in H1-20.

NCC disclosed a net gain on financial instruments at fair value through profit or loss (FVTPL) at AED 8.1 million, compared with losses of AED 44.4 million in H1-20, according to a bourse disclosure.