Saudi Arabia’s Tabuk Cement has seen a 94 per cent YoY decline in net profit to SAR0.54m (US$144,000) in the June quarter of 2020, against SAR8.98m in the year-ago period.
Sales also declined 18.3 per cent YoY to SAR49.99m from SAR61.15m in the 2Q19.

Heidelberg North America completes US acquisitions
Heidelberg Materials North America announced today that it has completed the acquisition of G...