Saudi Arabia: Saudi Cement Company (SCC) has announced that its net profit for the six months to 30 June 2012 surged by 45% year-on-year, to US$164m from US$113m in the same period of 2011. The company attributed the increase to rising local demand. SCC's operating profit increased to US$166m for the first half of 2012 from US$118m in 2011.
Saudi Cement sees 45% improvement in profit
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