Southern Province Cement quarterly net drops, Saudi Arabia

Southern Province Cement quarterly net drops, Saudi Arabia
19 April 2010


Southern Province Cement Co said first quarter profit dropped five per cent because of the government’s imposed export ban, and a drop in sales.

Net income fell to SAR189.6m from SAR200.2m in the year-earlier period, the cement maker said in a statement on the Saudi bourse website said.
Published under Cement News