Yanbu reports 58 per cent rise in net profit, Saudi Arabia

Yanbu reports 58 per cent rise in net profit, Saudi Arabia
Published: 12 December 2011

Yanbu Cement says its unaudited annual results show that net profits grew 58% for fourth quarter, up from SAR100m (US$26.6m) in 2010 to SAR158m (US$42.1m) in Q4 2011. Fourth quarter figures also surpassed those of 3Q11 by 26.4%.