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Southern Province Cement Q4 net flat

Riyadh, December 31, 2012

 

Saudi Arabia's Southern Province Cement Co reported on Monday that its fourth-quarter net profit stayed flat from the same period of 2011 at 253 million riyals ($67.5 million).
 
The kingdom's second-largest cement producer had posted a fourth-quarter 2011 net profit of 251 million riyals. Its third-quarter income this year was 201 million riyals.
 
The company said cement demand was high in Saudi Arabia and its factory was running at optimum capacity.  -Reuters



Tags: Saudi Arabia | Southern Province Cement |

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