Saudi Arabia: low demand sees Najran Cement 3Q16 profits halved

Saudi Arabia: low demand sees Najran Cement 3Q16 profits halved
Published: 18 October 2016


Lower sales volumes due to a slowdown in construction activity have seen the net profit of Saudi Arabian-based Najran Cement halve YoY from SAR32.07m (US$8.55m) in 3Q15 to SAR15.36m in 3Q16.

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