Qatar National Cement Co sees net profit down 14%

Qatar National Cement Co has seen a 6.2 per cent YoY fall in sales to QAR659.62m (US$181.2m) in 2020, against QAR703.03m in the previous year.

Net profit also declined 13.8 per cent YoY to QAR148.46m from QAR172.16m in 2019.