Cement News tagged under: Reuslts
Drop in Saudi 2Q earnings expected05 July 2017, Published under Cement NewsSix Saudi cement companies are expected to see a decline in their revenues and profits, by 37.1 to 62.8 per cent in the second quarter of 2017, according to a recent report by Al Rajhi Capital. The companies covered in the report are Arabian Cement, Yamama Cement, Saudi Cement, Qassim Cement, Yanbu Cement and Southern Province Cement. The sales volume of the Saudi cement sector declined by 17 per cent YoY in the first two months of the second quarter as a result of a continuous slowdown in... |
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