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Ma'aden profits hit by lower commodity prices

CEO sees improvement in raw material prices to come

William Clarke
Ma'aden profits hit by lower commodity prices

Ma'aden reported a second-quarter net profit of 350.9 million riyals (US$93.53 million) 91.3% from the same period a year earlier. Profits were down 16.3% quarter-on-quarter, and well short of analyst...

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