Cement News tagged under: Eastern Province Cement Co

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Eastern Province Cement Co net profit rises 4.8% YoY

22 April 2013, Published under Cement News

Eastern Province Cement Co has announced a 4.8 per cent YoY rise in net profit to SAR109m (US$29m) in 1Q13 compared to SAR104m in the same period of last year. The increase is attributed to the improved results of an associated company and increases in other incomes.  Compared to the previous quarter, net profit rose 2.8 per cent from SAR106m in 4Q12 attributed to increases sales and a decrease in general administrate expenses.

Eastern Province Cement announces new grinding project, Saudi Arabia

18 February 2013, Published under Cement News

Saudi Arabia-based Eastern Province Cement Co (EAPCC) has said it will install a new 150tph grinding mill at a cost of SAR82m (US$21.m). The company said on Saturday it has agreed a deal with a contractor for the new project including engineering work and equipment supply. Completion is expected in 14 months. The name of the contractor currently remains undisclosed. EAPCC said the mill project will be self financed and should start contributing to the company’s results by the second qu...