Yamama Cement reported a 30.5 per cent YoY fall in sales to SAR164m (US$43.7m) in 3Q17 from SAR236m in 3Q16.
The company’s net profit decreased 48.1 per cent from SAR56.3m to SAR29.2m over the same period.
Cement prices recovering in China
Cement prices in China are rebounding strongly as producers seek to improve profitability follow...