Saudi cement industry sees positive upturn, as real estate booms arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.
Saudi Cement buys 37% share of United Cement cemnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cemnet.com Daily Mail and Mail on Sunday newspapers.
Saudi Cement has registered revenue of SR348 million ($92.6 million) in the second quarter of 2021, a y-o-y growth of 17%, higher than estimate of SR324 million by 7.6%, said Al Rajhi Capital, a top provider of financial services in Saudi Arabia.
Saudi Cement Co has posted a 14.1 per cent YoY rise in net profit to SAR86.4m (US$23.04m) in the quarter ending 30 June 2021, compared to SAR75.7m in t.