Yamama Cement net profit rises 46%, Saudi Arabia

Yamama Cement Company recorded a 46% YoY surge in its net profit to SAR278m (US$74.1m) for the first quarter of 2012, up from SAR180m a year ago.

The strong increase was attributed to a rise in sales, Yamama Cement.

Gross profit rose to SAR300m from SAR196m.