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.
Titan Cement completes sale of 75 per cent of Turkish subsidiary
Greece-based Titan Cement Co SA has completed the sale of 75 per cent of Adocim Cimento Be...