Riyadh – Mubasher: Najran Cement Company on Tuesday announced obtaining a licence to export clinker from the Saudi Commerce and Investment Ministry.

The firm received the licence on Monday, 30 April, and it will last for one year, according to a statement to the Saudi Stock Exchange (Tadawul).

On Sunday, 29 April, the Saudi cement producer reported turning to loss during the first quarter of 2018 after incurring SAR 10.18 million, against posting SAR 11.2 million in net profits during Q1-17.

By 10:39 am Saudi time, the stock rose 0.44% to SAR 9.06.