Saudi Arabia: Saudi Cement has reported sales worth US$39.3m in the first quarter of 2020, up by 12% year-on-year from US$35.3m in the corresponding period of 2019. Sales grew by 15% year-on-year to US$120m from US$104m. The company attributed the increased profit margin to greater demand, which offset higher general, administrative, selling and distribution expenses. /Global Cement