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Thndr Claps » Saudi Claps » Tadawul 🔔 » Riyadh Cement’s profits decrease⬇

Riyadh Cement’s profits decrease⬇

by Shams Abbas
September 5, 2022
أسمنت الرياض، تداول، كلابس

The Clap
Riyadh Cement’s (9512) H1-2022 net profits declined 47% YoY.

The Deets
Net profits decreased to SAR 85 million on the back of a 35.6% YoY drop in sales.

Now What
Riyadh Cement will still distribute dividends to its shareholders, worth SAR 0.75/share on September 28th, 2022.

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