The Ras Al Khaimah cement plant in the United Arab Emirates recorded an increase in net profit thanks to growing demand for building materials. The company reported that in 2021 its net profit amounted to 5.4 million dollars, which is 25% higher than in the previous year.
"The achievement of this profit in 2021 is the result of improved production efficiency and increased sales volumes of cement and building materials," noted the company's chairman.
He also added that "the company’s plans for the coming years include further business development and increased production volumes to satisfy the growing demand for building materials in the region."
