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.
Peru’s cement market expands 12% in April
Cement dispatches in Peru increased 11.7 per cent YoY to 1.084Mt in April 2026 from 0.970Mt in t...