Thursday 19 April 2018

Saudi Cement Q2 net profit up 12pc

Jeddah, July 16, 2011

Saudi Cement Co reported a 12 percent increase in second-quarter net profit, according to a company statement issued on Saturday.

Saudi Cement made a net profit of SR213.7 million ($57 million) in the three months to end-June, compared to SR190.6 million in the same period a year earlier, said the statement posted on the bourse website.

Analysts surveyed by Reuters expected on average the firm to post a net profit of SR212.5 million for the quarter. – Reuters


Tags: Jeddah | profit | Saudi Cement | Second quarter |

More Industry, Logistics & Shipping Stories

calendarCalendar of Events