Umm Al-Qaiwain Cement Industries Co. P.S.C. reported unaudited earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported sales of AED 3,674,528 against AED 4,437,184 a year ago. Profit was AED 17,442,342 or AED 0.048 per basic share against AED 14,898,180 or AED 0.041 per basic share a year ago. Net cash provided by operating activities was AED 295,983 against net cash used in operating activities of AED 2,483,013 a year ago. Purchase of property, plant and equipment was AED 73,733 against AED 2,305 a year ago.

Umm Al-Qaiwain Cement Industries Co. P.S.C. reported unaudited earnings results for the third quarter and nine months ended September 30, 2012. For the nine months, the company reported sales of AED 9,675,854 against AED 15,342,209 a year ago. Profit was AED 12,233,684 or AED 0.034 per basic share against AED 12,277,767 or AED 0.034 per basic share a year ago. Net cash used in operating activities was AED 4,334,741 against net cash provided by operating activities of AED 2,279,990 a year ago. Purchase of property, plant and equipment was AED 17,352 against AED 20,322 a year ago. For the quarter, the company reported sales of AED 2,449,267 against AED 4,744,640 a year ago. Loss was AED 3,415,566 or AED 0.009 per basic share against profit of AED 221,685 or AED 0.001 per basic share a year ago.

Umm Al-Qaiwain Cement Industries Co. P.S.C. reported unaudited earnings results for the second quarter and six months ended June 30, 2012. For the quarter, the company reported sales of AED 2,789,403 compared to AED 4,472,640 a year ago. Profit for the period was AED 751,070 compared to AED 2,284,993 a year ago. Basic earnings per share were AED 0.002 compared to AED 0.006 a year ago. For the six months, the company reported sales of AED 7,226,587 compared to AED 10,597,569 a year ago. Profit for the period was AED 15,649,250 compared to AED 12,056,082 a year ago. Basic earnings per share were AED 0.043 compared to AED 0.033 a year ago. Net cash used in operating activities was AED 6,060,847 compared to net cash provided by operating activities of AED 7,169,490 a year ago. Purchase of property plant and equipment was AED 16,602 compared to AED 9,492 a year ago. The company registered gross operating loss of AED 0.17 million as at June 30, 2012 compared to AED 0.31 million gross operating profit was at June 30, 2011. Book value per share was AED 1.36 as on June 30, 2012. Gross operating loss was AED 0.17 million as at 30 June 2012 compared to AED 0.31 million gross operating profit was at 30 June 2011. The real estate sector still suffering from the extra offer more than the demand and this expected to continue through the year which will affects the prices and the company expects this year to be a tough year for the cement sector.