Saudi Arabian cement producer Eastern Province Cement Co reported a net profit after zakat and tax of SAR29m (US$7.7m) in the 1Q22, down 51.7 per cent YoY.
Revenues declined 25.8 per cent YoY to SAR161m in the 1Q22 from SAR217m.
PPC proclaims success in turnaround strategy
South African cement manufacturer PPC Ltd says that its ‘Awaken the Giant’ turnaround strategy...