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The net profit of Saudi Cement Company in the third quarter of this year decreased by 14% compared to the same period of the previous year to reach 75 million riyals.
The company's profits for the first nine months of this year decreased by 20% year-on-year and amounted to 276 million RS.
The company attributed the reason for the lower earnings in the third quarter of this year to lower sales and higher selling and marketing expenses.
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