Saudi cement posts major net profit growth

Saudi cement posts major net profit growth
Published: 18 April 2005

According to Al-Sharq Al-Awsat newspaper, the Saudi Cement Company has announced SR 119.7m($31.92) net profits in the first quarter of the current year compared with SR 95.1m ($25.36m) in the corresponding period of the previous year. These figures translate into a 25 per cent rise.