RIYADH: Saudi Arabia’s Yamama Cement Co. has reported a 60 percent decline in profit for 2021. The cement producer’s net profit fell from SR405 million ($107 million) to SR160 million year-on-year, according to a bourse filing. In a statement to the Saudi exchange, the firm attributed the profit decline to lower sales volume as well as a decrease in other income. Sales during the year dropped by 23 percent, reaching SR735 million.