Tabuk Cement sees 65% profit drop in 2021 on lower sales

  • 3/22/2022
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RIYADH: Saudi Arabia’s Tabuk Cement Co. saw its profits drop by 65 percent in 2021 on the back of lower sales. Profits of the company dropped from SR51.6 million ($13.8 million) to SR17.8 million, according to a bourse filing. This came as sales fell by 17.3 percent to SR229 million.

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