Saudi cement firms’ Q3 profit forecast to plunge 70%

Last Updated Date (14/10/2018) Argaam Report

The aggregate net profit of eight Saudi cement producers is projected to slump 70 percent year-on-year (YoY) to SAR 93 million in Q3 2018, data compiled by Argaam showed.

 

Forecasts were only positive for Eastern Province Cement Co. with a 1

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