Saudi Arabia: Najran Cement has reported a net profit after tax in the three months to 30 September 2019 of US$3.77m, compared to a loss in the third quarter of 2018 of US$6.33m. Its earnings rose by 81% year-on-year to US$25.9m from US$14.4m. The company, whose total capacity at its Najran integrated cement plant is 5.6Mt/yr, made operational and personnel changes over the period, including appointing Mohammed Bin Manaa Bin Sultan Aballa as its new chairman in September 2019.
Najran Cement shows third-quarter profit in 2019
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