23 October 2008
Abu Dhabi National Company for Building Materials, Bildco Reinforcing Steel Services Establishment (Cut &Bend) and Bildco Cement Products announced yesterday its consolidated net profit for the first nine months ending on September 30.
The profit stood at Dh81 million - a 154.11 per cent increase compared to the same period last year. The total revenue of the company rose to Dh1.184 billion compared to last year, an increase of 29.17 per cent.
The company has started building its steel factory in Mussafah and aerated concrete products factory in Dubai. It is planning to invite bidders for the construction of the civil works for the new factories in a few weeks.
Abu Dhabi National Company for Building Materials, Bildco Reinforcing Steel Services Establishment (Cut &Bend) and Bildco Cement Products announced yesterday its consolidated net profit for the first nine months ending on September 30.
The profit stood at Dh81 million - a 154.11 per cent increase compared to the same period last year. The total revenue of the company rose to Dh1.184 billion compared to last year, an increase of 29.17 per cent.
The company has started building its steel factory in Mussafah and aerated concrete products factory in Dubai. It is planning to invite bidders for the construction of the civil works for the new factories in a few weeks.
By Staff Writer
© Emirates Business 24/7 2008
