According to Reuters, Tabuk Cement has seen a net loss of SAR12.2m (US$3.2m) in 3Q17, compared to a net profit of SAR7.9m (US$2.1m) in 3Q16.
The net sales of the company have also decreased from SAR49.7m to SAR25.5m over the same period.
Nepalese cement producers are under increasing pressure to close
The start of 2025 has not begun well for Nepal's cement industry. A total of 13 cement plants in...