Saudi Arabia: Arabian Cement’s net sales fell by 34% year-on-year to US$160m in 2018 from US$241m in 2017. Its profit decreased by 89% to US$10.1m from US$93.2m. It blamed the fall in sales and profit on poor demand, increased competition, decreasing sales volumes and lowering prices.
Arabian Cement’s sales and profit fall in 2018
URL: https://www.globalcement.com/news/item/8886-arabian-cement-s-sales-and-profit-fall-in-2018
© 2025 Pro Global Media Ltd. All rights reserved.