Arab Today, arab today bildco\s profit takes a drop
Last Updated : GMT 00:00:12
Arab Today, arab today
Arab Today, arab today

Bildco\'s profit takes a drop

Arab Today, arab today

Arab Today, arab today Bildco\'s profit takes a drop

Abu Dhabi - Arabstoday

The Abu Dhabi National Company for Building Materials (Bildco) said yesterday its consolidated net profit for the quarter ended June fell to Dh525,696 from Dh19.75 million for the corresponding period a year earlier. The total sales during the quarter ended June was Dh187.98 million, compared to Dh313.22 million for the same period last year, Bildco told the Abu Dhabi Securities Exchange in a statement. The company didn\'t provide a reason for the decline in its net profit and sales. However, lower profitabilty could be due to intensifying competition among suppliers of building materials in the region. Article continues below A lack of adequate supply and increasing demand is pushing up prices in the UAE, according to the latest statistics released by Abu Dhabi government. The numbers, released by the Statistics Centre Abu Dhabi, showed that the prices of some building materials had surged in June compared to a month earlier. Bildco\'s shares didn\'t trade yesterday. The last trading of the stock took place on July 25 and it ended the day at Dh1.3 a share. Illiquid \"Bildco is largely an illiquid stock and doesn\'t have much bearing on the market\'s fortunes. There are no volumes in it and the institutions really don\'t track the stock\'s movements as it\'s a difficult stock for them to get out of,\" a market analyst told Gulf News. Bildco\'s main store is located at Musaffah Corniche, while there are others at the free port and Port Zayed. All are equipped with latest heavy machinery to handle steel, wood and various other building materials. Bildco produces cut and bent steel, paving slabs, tiles, concrete blocks and cement, among other items, and has stakes in separate businesses in aerated concrete, steel and reinforcing steel.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today bildco\s profit takes a drop Arab Today, arab today bildco\s profit takes a drop

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today bildco\s profit takes a drop Arab Today, arab today bildco\s profit takes a drop

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Lufthansa chief eyes up to 78

GMT 11:29 2017 Thursday ,21 September

Lufthansa chief eyes up to 78
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Rouhani at UN defends Iran nuclear deal

GMT 09:41 2017 Thursday ,21 September

Rouhani at UN defends Iran nuclear deal
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today China lifts 10-year travel ban

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Intel chips loaded in Waymo

GMT 14:43 2017 Wednesday ,20 September

Intel chips loaded in Waymo
Arab Today, arab today Five trends at the Frankfurt auto show

GMT 12:04 2017 Monday ,18 September

Five trends at the Frankfurt auto show
Arab Today, arab today Actress Ream Hhagag prepares for a new film

GMT 09:40 2017 Tuesday ,19 September

Actress Ream Hhagag prepares for a new film
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 12:14 2017 Monday ,18 September

Horia Farghaly happy for success of “Case G”

GMT 10:35 2017 Thursday ,14 September

New Zealand opposition looks

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 04:49 2017 Wednesday ,20 September

WHO urges Yemen to accept vaccines

GMT 16:04 2017 Tuesday ,19 September

Egypt tourism revival steady but slow

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday