Saudi cement producer Qassim Cement reported a net profit after zakat and tax of SAR70.5m (US$18.8m), a 383 per cent increase YoY, when net profit reached SAR18.4m, according to Reuters.
Second-quarter sales surged from SAR88.1m in the 2Q18 to SAR154.5m in the 2Q19. The rise in sales was driven by an increase in average selling prices.

UNACEM posts record EBITDA in 2024
Peru based cement producer UNACEM posted a record EBITDA of US$245m in 2024, representing an 11....