Saudi Arabia’s Qassim Cement saw its profits drop 16.8 per cent YoY to SAR135.4m (US$36.1m) from SAR162.7m.
The fall in profits has been attributed to an increase in cost of sales which was unable to offset the rise in sales value and volume during the first quarter.

Buzzi increases tender offer to Gulf Cement Co
After the offer document submitted on 13 March 2025 for TC Mena Holdings Ltd, a subsidiary of ...