Umm Al Qura Cement Q3 losses widen 75%, Saudi Arabia

Umm Al Qura Cement Q3 losses widen 75%, Saudi Arabia
Published: 19 October 2015


Umm Al Qura Cement posted SAR1.7m (US$0.45m) in net loss for the third quarter of 2015, a rise of 75 per cent from SAR6.9m (US$1.8m) logged in the same period a year earlier.

Net loss for the first nine months of 2015 amounted to SAR14.1m, compared with SAR29m in the corresponding period of 2014.