Cement News tagged under: Eastern Province Cement Company
EPCC switches to a new era15 August 2016, Published under Cement NewsABB recently installed an upgrade at Eastern Province Cement Company (EPCC), Saudi Arabia, adding the latest electrical infrastructure technology integrated with ABB’s 800xA automation system to enhance plant availability and reliability. By ABB, Switzerland. Eastern Province Cement Co, Al Khursaniya, Saudi Arabia, upgraded its switchgears to improve the plant's reliability and availability Eastern Province Cement (EPCC) operates its plant in Al Khursaniya, in the eastern par... |
Saudi Arabia: Yamama and EPPCO announce profits, Saudi Cement rebrands21 April 2016, Published under Cement NewsYamama Cement and Eastern Province Cement Company have announced their first quarter earnings for 2016 with mixed results. Yamama, the larger of the two, saw its profits fall by 14 per cent YoY in 1Q2016, to US$40m. Yamama put this down to rising fuel prices, overuse of fixed assets, a rise in general and administrative expenses and investment losses. Eastern Province Cement Company reported that its 1Q2016 profits were up 3.5 per cent YoY. It attributes this growth down to a turnaroun... |
Eastern Province full-year profit declines, Saudi Arabia10 March 2014, Published under Cement NewsEastern Province Cement Company (EPC) booked a SAR309m (US$82.4m) net profit for 2013, down from SAR387m a year ago, a decrease of 20.2 per cent YoY. The company attributed the decline to lower sales and higher manufacturing costs as a result of maintenance works. Earnings per share (EPS) stood at SAR 3.59, compared with SAR 4.5. The Saudi-based producer registered an operating profit of SAR298m for the 12 months to December 2013, down from SAR374m a year earlier. |
Eastern Province net profit rises 4.8% YoY20 May 2013, Published under Cement NewsEastern Province Cement Company (EPCC) posted a 4.8 per cent rise in net profit for the first quarter of 2013, which the company attributed the increase to a better performance at one of its affiliate companies. For the first three months to the end of March 2013, net profit rose to SAR109m (US$ 29.1m) compared to SAR104m in the same period a year earlier. Earnings per share (EPS) stood at SAR 1.27, compared with SAR 1.21. Operating profit, however, fell to SAR104m for the first three ... |
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