Saudi Arabia’s Yamama Cement has recorded a 46.6 per cent YoY increase in net profit for the second quarter of 2019, rising to SAR53.2m (US$14.19m) from SAR36.3m.
The company’s sales saw a similarly positive result, advancing 47.6 per cent to SAR165.3m against SAR112m of the 2Q18.

Nuvoco Vistas receives approval for Vadraj Cement acquisition
Nuvoco Vistas Corp Ltd has received approval from the National Company Law Tribunal for its re...