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News Riyadh Cement announces slight decline in 2023 financial results

Riyadh Cement announces slight decline in 2023 financial results

Written by Global Cement staff 19 March 2024
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Saudi Arabia: Riyadh Cement has reported its annual financial results for the period ending on 31 December 2023. Revenues were US$171m, a 7.6% year-on-year increase from US$159m in 2022. However, net profit marginally decreased by 0.6% to US$50.3m, compared to US$50.6m in the previous year.

Last modified on 20 March 2024
Published in Global Cement News
Tagged under
  • Riyadh Cement
  • Saudi Arabia
  • Results
  • GCW651
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