Saudi cement firms’ aggregate net profit below estimates by 26% in Q1 2022

Argaam Report
Last Updated Date (26/05/2022)

The aggregate net profit of 12 the Saudi Exchange (Tadawul)-listed cement producers under coverage, which stood at nearly SAR 353 million in Q1 2022, fell shy of average consensus estimates of SAR 477 million by 26%.

 

On the other hand, the r

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