Saudi Arabia’s Yamama Cement has recorded a 46.6 per cent YoY increase in net profit for the second quarter of 2019, rising to SAR53.2m (US$14.19m) from SAR36.3m.
The company’s sales saw a similarly positive result, advancing 47.6 per cent to SAR165.3m against SAR112m of the 2Q18.
Hima Cement emerges as leading contender to acquire Khayah Cement
Hima Cement , the East African producer owned by Uganda’s Sarrai Group, has emerged as the lead...