Jordan’s Northern Cement has reported a 24 per cent decline in revenue to JOD37.19m (US$52.46m) in 2020, compared with JOD48.94m in the previous year.
Gross profit advanced 29.9 per cent YoY to JOD9.27m. Net income after tax climbed 37.1 per cent to JOD6.25m from JOD4.56m in 2019.

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...