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Al Jouf Cement posts SAR 40m loss in 12M

Al Jouf Cement posts SAR 40m loss in 12M
The company’s loss went up to SAR 11 million in Q4
JOUF CEMENT
3091
-1.55% 11.40 -0.18

Riyadh – Mubasher: Al Jouf Cement Company has reported SAR 39.5 million net loss during 2018.

The company’s loss went up to SAR 11 million in the fourth quarter of last year, compared to SAR 8.4 million in the year-ago period, according to a bourse statement. 

In November, the Tadawul-listed company turned to losses for the third quarter of 2018, while quarter-on-quarter losses increased by 38%.