Saudi cement firms’ combined net profit up to SAR 2.7 bln in FY2019

Saudi-listed cement companies reported a combined net profit of SAR 2.7 billion during the fiscal year 2019, a year-on-year increase of 289.1%, data compiled by Argaam showed.

The increase was attributed to higher sales, driven by the ri

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Saudi cement firms’ combined net profit up to SAR 2.7 bln in FY2019

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