Abu Dhabi-Mubasher: Ras Al Khaimah White Cement (RAK White Cement) posted a decrease of 45.45% in losses to AED 2.4 million ($0.654 million) for the fourth quarter in 2015 as compared to AED 4.4 million ($1.19 million) in Q4-14.
RAK White Cement, which is listed on both the Abu Dhabi and Kuwaiti bourses, reported 51% drop to AED 15.5 million in profits for the fiscal year 2015 as compared to AED 31.8 million in FY14.
