Cement sales down 3% to 4.59m tons

12/03/2014 07:27 AST

Sales of cement companies dropped by 3 percent to 4.59 million tons in February 2014 compared to 4.74 million tons in the same period last year, local media said.

Ten out of 14 cement firms operating in the Kingdom have their monthly sales dropped, notably Jouf Cement Company (JCC) and Najran Cement Company (NCC) whose sales dropped by 26 percent and 24 percent, respectively, the report prepared by Argaam Business Info (ABI) said.

Meanwhile, three companies have their sales grown during February compared to figures of the same period last year. Sales of Arabian Cement Company (ACC) and Safwa Cement Company (SCC) grew by 41 percent and 6 percent, respectively, the report added.

On the other hand, clinker production of the 14 cement firms jumped by 5 percent during the month to 4.07 million tons, according to the report.

Year-on-year basis, sales of cement companies rose by 4 percent to reach 55.6 million tons in 2013 compared to 53.5 million tons in 2012, according to earlier reports.


Arab News

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