Raysut Cement turns into annual losses by compressing expensesVisits : 117

Raysut Cement turns into annual losses by compressing expenses

Raysut Cement Company (RCCI) has transferred annual losses for the year 2020, in return for profits in the year 2019. The initial unaudited financial results of the company showed that it incurred losses of 14.06 million riyals (36.41 million dollars), compared to profits of 2.26 million riyals.

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