Saudi cement firms’ aggregate profit rises 42% to SAR 1.6 bln in H1 2020

Argaam Report: Last Updated Date (13/08/2020)

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Please note that this news summary has been generated using artificial intelligence. It is recommended to review the original sources for complete details and to verify the accuracy of the information.

The aggregate net profit of Saudi-listed cement firms increased to reach SAR 1.6 billion by the end of H1 2020, compared to SAR 1.126 billion in the same period a year earlier.

 

The rise was driven by an increase in the sales volumes and value.

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