Najran Cement blamed competition for poor sales in 2018

Print this page

Saudi Arabia: Najran Cement’s sales fell by 20% year-on-year to US$74.2m in 2018 from US$92.3m in the same period in 2017. Its net loss after tax grew to US$22.3m from US$5.8m. The cement producer blamed this on market competition, poor prices and decreased sales volumes.

Last modified on 06 March 2019

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.

Register >

URL: https://www.globalcement.com/news/item/8872-najran-cement-blamed-competition-for-poor-sales-in-2018

© 2022 Pro Global Media Ltd. All rights reserved.