Research firms expect Saudi cement firms Q4 2023 profit to fall 32% YoY, jump 57% QoQ

Last Updated Date (16/01/2024) Argaam Report

The aggregate net profit of 12 Tadawul-listed cement firms under coverage is expected to drop by about 32% year-on-year (YoY) to SAR 503.2 million in the fourth quarter of 2023, according to research houses’ estimates compiled by Argaam.&

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Research firms expect Saudi cement firms Q4 2023 profit to fall 32% YoY, jump 57% QoQ

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