Ras Al Khaimah Firm for White Cement and Building Supplies (RAK White Cement) appointed Himanshu Kapania because the new Chairman of the board.
The board additionally named Mohammed Abdullatif Khalifa Al Shehhi because the Vice Chairman, in line with a bourse submitting.
The 2 key appointments have been introduced through the board assembly that was held on 11 April 2023.
Final 12 months, RAK White Cement posted internet earnings value AED 21.08 million, versus AED 32.87 million in 2021.
Revenues surged to AED 247.66 million in 2022 from AED 239.80 million a 12 months earlier, whereas the earnings per share (EPS) declined to AED 0.04 from AED 0.07.
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