Cement firms' aggregate profit down 14% to SAR 2B in 2023

Last Updated Date (07/05/2024) Argaam Report

The aggregate profit of cement companies listed on the Saudi Exchange (Tadawul) fell by 14% in 2023 to SAR 2 billion, compared to SAR 2.35 billion in 2022.

 

The decline was due to lower average selling prices, which led to a drop in revenues and

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