Yanbu Cement increases first-half sales in 2021

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Saudi Arabia: Yanbu Cement’s first-half sales were US$143m in 2021, up by 23% year-on-year from US$116m in the first half of 2020. Net profit fell by 11% to US$30.7m from US$34.5m. The company said that a local price drop and an increased cost of sales offset increased sales to yield the drop in profit.

Last modified on 21 July 2021

URL: https://globalcement.com/news/item/12718-yanbu-cement-increases-first-half-sales-in-2021

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