Saudi cement companies' aggregate profit drops 29% YoY to SAR 1.415 bln in 9M 2022

Last Updated Date (07/11/2022) Argaam Report

 

Saudi-listed cement companies reported a combined net profit of SAR 1.415 billion during the first nine months of 2022, a 29% decrease from SAR 1.987 billion in the same period last year.

 

The decline was due to lower sales value and volume, a

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