Eastern Province Cement's half-year profit down 41% on lower sales

RIYADH: Eastern Province Cement Co. has posted a 41 percent profit drop for the first half of 2022, dragged down by lower sales. The Saudi-listed cement producer’s profit went down to SR72 million ($19 million) from SR122 million in the same period a year earlier, a bourse filing revealed. The profit drop was mainly driven by a decline in cement sales, higher selling and other

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