Saudi Ceramics, a key building solutions provider, has announced that its net profit for the first three months plunged 71% to SR14.7 million ($3.9 million) from SR51.2 million ($13.6 million) last year, while its revenue hit SR369 million ($98 million).
/PRNewswire/ The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around.
Saudi Ceramic Company has announced that steady progress is being made on its new porcelain tiles factory coming up in the kingdom with more than 40% of the work already completed. The commercial production is set for the first quarter of 2024.
Saudi Ceramic Company, Saudi Arabia’s largest manufacturer and seller of ceramic tiles, has seen its Q2 net income fall by 40.0% y-o-y, impacted by lower revenue and a resultant fall in gross margins.