Saudi Arabia: Saudi cement producer Qassim Cement has posted a net profit of US$82m for the first half of 2012, a rise of 5.4% from US$77.8m in the same period in 2011. The company attributed the increase to a rise in sales but did not provide any exact sales figures. It reported an operating profit of US$84.1m for the first six months of 2012, a rise of 6.1% from US$79.3m in 2011.
Qassim Cement profit hits US$82m in H1 2012
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