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News Prices and exports support Yanbu Cement’s sales growth in first half of 2019

Prices and exports support Yanbu Cement’s sales growth in first half of 2019

Written by Global Cement staff 07 August 2019
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Saudi Arabia: Yanbu Cement’s sales revenue grew by 14% year-on-year to US$128m in the first half of 2019 from US$110m in the same period in 2018. Its net profit after Zakat and tax more than doubled to US$30.1m from US$12m. The cement producer attributed this to higher prices and growing clinker exports.

Published in Global Cement News
Tagged under
  • Saudi Arabia
  • Yanbu
  • Results
  • Export
  • GCW417
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