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.
Eastern Province Cement increases sales as profit drops in 2021
URL: https://globalcement.com/news/item/13823-eastern-province-cement-increases-sales-as-profit-drops-in-2021
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