Yanbu Cement expects 35.5% drop in Q4 profit

Yanbu Cement expects 35.5% drop in Q4 profit
Published: 29 December 2009

Saudi cement maker, Yanbu Cement Co. expects a 35.5% fall in its net profit in the fourth quarter, Reuters has reported. Preliminary results show the firm’s net profit this year would reach SR478m, down from SR559.7m in the previous year, the company said.