Danube targets $272m revenue in 2008
United Arab Emirates: Sunday, March 23 - 2008 at 13:44
Dubai-based Danube Building Materials has announced that it aims to generate Dhs1bn ($272m) in sales revenues by the end of 2008, following a highly successful performance in 2007. Having achieved a 72% growth in its annual earnings last year, the company has also projected that it could double its annual returns to touch the Dhs2bn mark by the end of 2010, based on the current uptrend in its overall growth and amidst the rapid expansion of the construction industry in the region, the company said in a statement.
Also consider reading:
- » US probes Alcoa over Bahrain bribery allegations
- » Zenath begins work on huge incinerator
- » Octal seeks materials in Qatar
- » UAE workers go on rampage
- » RAK Cement says it needs to hike prices
- » Knauf sets up gypsum plant in RAK
- » RAK Steel factory opens
- » Ras Laffan opens utility facility
- » GCC projects to spend in services
- » Fire causes Dhs600m of damage
Jeff Florian, Senior ReporterSunday, March 23 - 2008 at 13:44 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer:
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AME Info Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AME Info Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AME Info Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AME Info Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AME Info Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AME Info Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AME Info Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AME Info Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
Browse related articles


Web Feeds