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News Najran Cement blamed competition for poor sales in 2018

Najran Cement blamed competition for poor sales in 2018

Written by Global Cement staff 28 February 2019
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Saudi Arabia: Najran Cement’s sales fell by 20% year-on-year to US$74.2m in 2018 from US$92.3m in the same period in 2017. Its net loss after tax grew to US$22.3m from US$5.8m. The cement producer blamed this on market competition, poor prices and decreased sales volumes.

Last modified on 06 March 2019
Published in Global Cement News
Tagged under
  • Saudi Arabia
  • Najran Cement
  • Results
  • GCW394
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