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Yamama Cement annual profits hike 41.7%

Yamama Cement annual profits hike 41.7%
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Riyadh – Mubasher: Yamama Cement Company reported net earnings of SAR 363.3 million for 2020, compared with SAR 256.3 million a year earlier.

This represents a 41.7% year-on-year (YoY) growth, attributed to higher sales and other income, according to a stock exchange statement on Wednesday.

Last year’s revenue came in at SAR 879.9 million, an annual increase of 9.7%.