[Original] Saudi Arabia cement market has great potential

2015-01-28 11:06:43

Saudi Arabia is currently working to diversify its economy and change its over-reliance on oil exports. The country's government will invest heavily in infrastructure projects, and demand for cement will peak. From 2014 to 2019, the compound annual growth rate of Saudi Arabia's cement market will reach 5.14%.

Saudi Arabia, the largest economy in the Middle East, is working to diversify its economy away from its heavy reliance on oil exports, according to Reportbuyer. The country's government will invest heavily in infrastructure projects, and demand for cement will peak. As the Saudi Arabian government begins to invest more money in the construction sector, especially in the fields of electricity and transportation, and under the guidance of the development policy of building "economic cities", experts have analyzed that the compound annual growth rate of the cement market in Saudi Arabia will reach 5.14% from 2014 to 2019.

All can be viewed after purchase

Correlation

[Original] Saudi Arabia cement market has great potential

2015-01-28 11:06:43

CEMPI

91.84

-0.01 -0.01%

CONCPI

86.97

-0.05 -0.06%

CLKPI

96.87

0.00 0.00%

SPPI

41.51

0.00 0.00%

MORPI

73.32

0.00 0.00%

Conch Cement: net profit in the first half of the year was 2.527 billion yuan, down 42.76% from the same period last year.

On the evening of August 26, Conch Cement disclosed its semi-annual report that in the first half of the year, the company realized operating income of 36.927 billion yuan, down 10.88% from the same period last year; the net profit attributable to shareholders of listed companies was 2.527 billion yuan, down 42.76% from the same period last year; the basic earnings per share was 0.48 yuan/share.