Saudi Cement Co net profit rises

Saudi Cement Co net profit rises
Published: 28 March 2006

Saudi Cement Company (SCC) posted a net profit of 484.3 mln Saudi riyals ($129.1m) for 2005, up from 437.5 mln riyals ($116.6m) a year ago.  The increase was supported by a rise in total revenue to 565.7 mln riyals ($150.8m) from 514.8 mln riyals ($137.3m).  Total expenses increased to 65.5 mln riyals ($17.5m) from 60.2 mln riyals ($16.1m).