Riyadh – Mubasher: Yanbu Cement Company’s net profit for the last year increased by around 9% on a yearly basis, standing at SAR 281 million.
This growth in annual earnings is owed to lower general, administrative, and financing expenses, and higher other revenues, according to a bourse filing on Sunday.
Revenue for 2020 slipped by 3.7% to reach SAR 939.99 million, compared with SAR 975.74 million in 2019.
