Jordan-based Northern Cement Co reported a 21.4 per cent rise in profit to JOD1.7m (US$2.39m) in the 2Q222 from JOD1.4m in the 2Q21.
Sales in the 2Q22 were down 3.3 per cent to JOD8.9m from JOD9.2m in the 2Q21.
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EBRD provides EUR25m to Arabian Cement Co
The European Bank for Reconstruction and Development (EBRD) is providing up to EUR25m in financi...