Saudi Cement Company falls on slightly higher net income

February 11, 2014 2:31 pm

The Tadawul All Share Index declined by 0.17 per cent to 8,859.20 points on Tuesday, February 11. Saudi Cement Company closed 1.34 per cent lower at SAR110.75. Earlier in the day, the firm said in a filing to the exchange that its net profit amounted to SAR1.124 billion ($306.51m) in 2013, representing an uptick of two per cent. Saudi Kayan Petrochemical Company gained the most, edging up by 4.50 per cent to finish a lacklustre trading session at SAR15.15. SABIC declined by 0.22 per cent to SAR111.50.

Gérard Al-Fil