Figures released by Mubasher show that the Tadawul-listed cement companies witnessed a 23.7 per cent drop in Q4-13 combined earnings to SAR 1.09 billion compared with SAR 1.43 billion a year earlier.However,Q4 combined profit is 3.13 per cent higher compared to SAR 1.06 billion in the previous quarter.
In addition,FY13 profit decreased 0.51 per cent year-over-year from SAR 5.81 billion to SAR 5.78 billion.
Source:
http://www.uaecement.com/newsDetail.aspx?id=1039
