Saudi Arabia: Riyadh Cement's full-year 2022 results show an 11% year-on-year drop in sales to US$159m, from US$179m. The producer's operating and administrative costs dropped throughout the year. As such, it recovered a net profit of US$50.5m, up by 13% year-on-year from US$56.9m.
Riyadh Cement's sales fall in 2022
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