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News Hail Cement hit by fall in prices

Hail Cement hit by fall in prices

Written by Global Cement staff 07 February 2019
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Saudi Arabia: Hail Cement’s profits have been reduced by a fall in prices, weakened demand and ‘tough’ competition. Its sales rose by 19% year-on-year to US$52.3m in 2018 from US$43.9m. However, its total profit fell by 77% to US$3.2m from US$13.5m.

Last modified on 12 February 2019
Published in Global Cement News
Tagged under
  • Saudi Arabia
  • Hail Cement
  • Results
  • GCW391
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