Saudi cement producer Al Jouf Cement posted sales of SAR46.2m (US$12.3m) in 2Q19, representing a 70 per cent rise when compared with 2Q18 when sales reached SAR27.2m, according to Reuters.
Net profit after zakat and tax in the second quarter rose to SAR0.1m, a significantly improved performance when compared with 2Q18 when the company posted a loss of SAR13.7m. The rise in profit has been attributed to and increased sales volume and average selling price.
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