The company "Gulf Cement" reduced its losses to 28.2 million dirhams for the first nine months of the current year.
This is a decrease in losses of 16.4 percent compared to the same period last year. This was reported by the company in its earnings report.
The company noted that while revenue indicators improved, thanks to an increase in production volumes and enhanced sales volumes of cement, it also implemented measures to reduce expenses.
"We are satisfied that our efforts to improve financial indicators have yielded results. We plan to continue working in this direction, enhancing production efficiency and optimizing costs," said a representative of the company.
