Saudi Cement, the country’s third largest cement firm, yesterday posted a net profit of SR484.3 million (US$129m), up 10.7 per cent from the previous year. Net profit in 2004 reached SR437.5 million, it said in a statement on the bourse’s website. The company’s first-half year net profit rose 24 per cent to SR248.9 million. Published under Cement News
Saudi Cement, the country’s third largest cement firm, yesterday posted a net profit of SR484.3 million (US$129m), up 10.7 per cent from the previous year. Net profit in 2004 reached SR437.5 million, it said in a statement on the bourse’s website. The company’s first-half year net profit rose 24 per cent to SR248.9 million. Published under Cement News
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