Saudi cement producer, Yamama Cement Co has reported a 22% year-on-year increase in its net profit to SR487m ($129.8m) for the first half of 2012, compared with last year s reported SR400m. Yamama attributed the rise in sales to a boost in local demand, without giving exact figures. Gross profit also climbed to SR526m from SR429m a year earlier. Source: uaecement
Source:
http://www.uaecement.com/newsDetail.aspx?id=657
