Ras Al Khaimah Cement Co. (RAKCC) fell the most in a week after the producer of the building material in the United Arab Emirates said first-quarter profit dropped 91 percent.
The shares slumped 4.5 percent, the most since April 18, to 1.07 dirhams at 12:24 p.m. in Abu Dhabi.
First-quarter net income retreated to 274,643 dirhams ($75,000) after 3 million dirhams in the year-earlier period.
No comments:
Post a Comment