Yamama Cement sales fall due to low demand and high competition

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Saudi Arabia: Yamama Cement’s sales fell by 30% year-on-year to US$139m in 2018 from US$199m in 2017. Its profit decreased by 82% to US$9m from US$51m. The cement producer blamed its performance on falling demand for cement and ‘fierce’ competition.

Last modified on 15 February 2019

URL: https://globalcement.com/news/item/8810-yamama-cement-sales-fall-due-to-low-demand-and-high-competition

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