Saudi Arabia: Riyadh Cement's full-year 2022 results show an 11% year-on-year drop in sales to US$159m, from US$179m. The producer's operating and administrative costs dropped throughout the year. As such, it recovered a net profit of US$50.5m, up by 13% year-on-year from US$56.9m.
Riyadh Cement's sales fall in 2022
Written by Global Cement staff
Published in
Global Cement News
Tagged under
Register for the Global Cement Weekly email newsletter
Global Cement Weekly is Global Cement’s weekly email newsletter. Keep up to date with cement industry news, analysis, diary dates and news of people in the sector.
URL: https://www.globalcement.com/news/item/15497-riyadh-cement-s-sales-fall-in-2022
© 2024 Pro Global Media Ltd. All rights reserved.