Riyadh- Mubasher: Southern Province Cement saw net profits of SAR 268 million in the second quarter of 2016, down 0.74% y-o-y from SAR 270 million a year earlier.
The company attributed the decline in its profits within Q2-16 to the slowdown of the sales. especially during Holly Ramdan.
As for the first half of 2016, the cement producer registered net profits of SAR 551 million up from SAR 536 million for the same period of the previous year.
