Saudi cement firms’ aggregate net profit below estimates by 2% in Q3 2022

Last Updated Date (07/11/2022) Argaam Report

Twelve Tadawul-listed cement producers under coverage reported an aggregate net profit of nearly SAR 516 million in Q3 2022, falling shy of average consensus estimates of SAR 524.5 million by 2%.

Seven cement producers reported higher-

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Saudi cement firms’ aggregate net profit below estimates by 2% in Q3 2022

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