Arabian Cement Company results

Print this page

Saudi Arabia: Saudi Arabian cement producer Arabian Cement Company (ACC) has seen its net profit for the first nine months of 2011 surge by 36% year-on-year to US$88.7m.The company attributed the increase in bottom-line figures to rising production and sales volumes but did not give exact figures.

ACC's operating profit jumped by 48.2% to US$96.9m in the first nine months of 2011. For the third quarter of 2011, the company registered a net profit of US$27.9m, an increase of 28.4% year-on-year.

Last modified on 16 December 2011

URL: https://www.globalcement.com/news/item/671-arabian-cement-company-results

© 2021 Pro Global Media Ltd. All rights reserved.