Saudi Cement Co posted a 39.7 per cent rise in its fourth-quarter net profit, beating analyst forecasts, it said in a statement on Monday.
The firm posted a net profit of 212.3 million riyals (USD56.6 million) in the fourth-quarter compared with 152 million riyals in the same period a year earlier.
Analysts polled by Reuters had on average expected Saudi Cement to record a net profit of 202.7 million riyals
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