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Ras Al Khaimah Cement Company (RAKCC) 2006 FY annual report
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2006 FY result list | RAKCC 2006 FY results - forum topic | Ras Al Khaimah Cement Company - details & pdf annual reports
| Display results in: | ||||
| RAKCC (listed on ADSM) | Auditor: Talal Abu Ghazaleh and Co | ||||
|---|---|---|---|---|---|
| RAKCC accounts in UAE dirhams | |||||
| Date of results and share price | AED 2.05 on 28 Jan 2007 | ||||
| Current share price | AED 1.34 on 15 Apr 2009 | ||||
| Chairman | Dr Abdul Rahman Sultan Al Sharhan | ||||
| CEO | Mike Richardson (General Manager) | ||||
| Balance Sheet (AED) | 31 Dec 2005 | 31 Dec 2006 | %Δ | ? | notes |
| Total Assets | 655,600,000 | 773,900,000 | 18% | ||
| Total Liabilities | (38,300,000) | (31,800,000) | -17% |  |
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| Shareholders Equity | 617,300,000 | 742,100,000 | 20% | |
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| Income Statement (AED) | 2005 FY | 2006 FY | |||
| Revenue (Sales) | 300,700,000 | 325,200,000 | 8% | ||
| Cost of Revenues (COGS) | (169,300,000) | (191,100,000) | 13% |  |
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| Gross Profit | 131,400,000 | 134,100,000 | 2% | |
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| Other Income | |||||
| Other Expenses | |||||
| Net Profit | |||||
| Minority Interests | |||||
| Net Profit due to shareholders | 119,700,000 | 125,800,000 | 5% | ||
| Earnings Per Share stated | 0.25 | 0.26 | 4% | ||
| Ratio Calculations | As on 28 Jan 2007 | ||||
| Number of shares outstanding | 484,000,000 | ||||
| EPS calculated | 0.25 | 0.26 | 5% | ||
| Price to Earnings ratio (PE) | 8.3 | 7.9 | Calculated EPS used | ||
| Price to Book Value (PBV) | 1.6 | 1.3 | -17% | ||
| Return on Assets (ROA) | 18.3% | 16.3% | -11% | |
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| Return on Equity (ROE) | 19.4% | 17.0% | -13% | |
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| Return on Sales (ROS) or Profit Margin | 39.8% | 38.7% | -3% | |
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| Dividends | |||||
| Cash Dividend | 15% | Approved at AGM | |||
| Dividend Yield (cash) | 7.3% | ||||
| Share Dividend | |||||
| Important Dates | Record Date 11 Mar 2007 | AGM Date 21 Feb 2007 | |||
Comments about Ras Al Khaimah Cement Company FY 2006 results | |||||
A healthy cash dividend sounds good. Disappointing increase in profits considering all the construction going on. I guess you could look on the bright side and say that despite decreasing returns on Equity, Assets and Revenue, RAKCC still managed to increase their profits. But there's a few questions to be asked all the same - why are returns decreasing, and why was profit increase insubstantial? Have your say in the RAKCC 2006 FY results forum topic, includes directors reports and news, if available. |
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This page last updated 20-Jan-2009.
Company information last updated 25 Jul 2008. E & OE.