Saudi Cement expected to post lower profit in Q4 2019

Last Updated Date (26/01/2020) Argaam Report

Saudi Cement Co. (SCC) is projected to report a decline of 7.91% year-on-year (YoY) in Q4 2019 net profit to SAR 114.96 million, according to average estimates compiled by Argaam.

 

Q4 revenue is likely to jump 21.8% YoY to SAR 370 million.

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