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News Eastern Province Cement increases sales as profit drops in 2021

Eastern Province Cement increases sales as profit drops in 2021

Written by Global Cement staff 14 March 2022
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Saudi Arabia: Eastern Province Cement recorded a 2% year-on-year sales drop in 2021. Its net profit was US$54m, down by 7% year-on-year. Arab News has reported that the company recorded a lower income from investments and higher losses from asset write-offs compared to 2020 levels.

Last modified on 16 March 2022
Published in Global Cement News
Tagged under
  • Saudi Arabia
  • Eastern Province
  • Results
  • GCW548

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