Saudi Arabia

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Tabuk Cement posts 28% drop in 1Q net profit

Tabuk Cement posts 28% drop in 1Q net profit

Saudi Arabia-based Tabuk Cement Co reported a 22.3 per cent drop in revenues to SAR67.68m (US$0.793m) in the first quarter of 2025 from SAR87.05m in the 1Q24.  The company...

Qassim Cement posts 112% rise in net profit

Qassim Cement posts 112% rise in net profit

Saudi Arabia based Qassim Cement Co posted revenues of SAR967.57m (US$258m) in 2024, up 65.8 per cent when compared with SAR583.55m in 2023.  The company's net profit adva...