Saudi Arabia-based Najran Cement has reported a first quarter profit of SAR 92 million, a 71 percent increase compared to the same period last year.
The company’s CEO Badr Osama Jawhar hailed the results as “excellent” and said in a call with CNBC Arabia that he expects sales to rise by as much as 7 percent this year.
He added that the company has witnessed increased demand in recent months, as sales rose by 20 percent during the first three months of this year.
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