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News Tabuk Cement grows sales on price rise

Tabuk Cement grows sales on price rise

Written by Global Cement staff 24 July 2019
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Saudi Arabia: Tabuk Cement’s sales revenue grew by 29% year-on-year to US$30.4m in the first half of 2019 from US$23.5m in the same period in 2018. It attributed the sales growth to improved prices despite poor sales volumes. It reported a net profit after Zakat and tax of US$3.4m for the half, after a loss of US$0.27m in the first half of 2018.

Last modified on 24 July 2019
Published in Global Cement News
Tagged under
  • Saudi Arabia
  • Tabuk
  • Results
  • GCW415

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