Press releases, Reports & Disclosures for EMSTEEL BUILDING MATERIALS PJSC

The consolidated financial statements for Emsteel Building Materials PJSC show a decrease in both total non-current and current assets from 31-Dec-22 to 30-Sep-23. Total non-current liabilities also decreased, while total shareholders' equity increased. The income statement reveals a decrease in total revenue but an increase in results from operations and net profit for the period from 30-Sep-22 to 30-Sep-23. The profit per share also increased slightly. The statements were presented by Group CEO Eng. Saeed G. Al Remeithi and Group CFO Stephen J. Pope.

The document is a report and condensed consolidated interim financial statements for EMSTEEL BUILDING MATERIALS PJSC, previously known as Arkan Building Materials Company (ARKAN) PJSC. The report covers the nine-month period ending on 30 September 2023.

The Board of Directors of Emsteel Building Materials PJSC (Emsteel) has announced that it will hold its 5th meeting for the year 2023 on Tuesday, 31 October 2023 at 03:15 pm. The meeting will discuss the approval of the financial statement for the first half of the year 2023, the company’s budget for the year 2024, and other business matters. The information was disclosed in a letter addressed to the Disclosure & Compliance Section of the Market Operation Surveillance Dept. at the Abu Dhabi Securities Exchange. A copy of the letter was also sent to the Securities and Commodities Authority (SCA).