Saudi cement firms’ Q4 2021 aggregate profit misses estimates by 42%

Last Updated Date (03/04/2022) Argaam Report

The aggregate net profit of 12 Saudi cement producers under coverage, which stood at nearly SAR 315 million in Q4 2021, fell short of average estimates of SAR 541 million by 42%, data compiled by Argaam showed.

 

Only Saudi Cement Co.’s results

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