Hilal Cement Co reports loss in 3Q19

Kuwait’s Hilal Cement Co has reported a loss of KWD52,300 (US$172,700) in the third quarter of 2019, according to a company bourse statement.

However, in the first nine months of 2019 the company’s profit advanced 57.5 per cent YoY to KWD801,410 from KWD508,860.