Cement News tagged under: Qatar National Cement Co
QNCC meets demand after commissioning new plant12 February 2019, Published under Cement NewsQatar National Cement Co (QNCC) has succeeded in meeting demand levels in the country following the company’s 5000tpd Plant 5 entering operation, according to Salem bin Butti al Naimi, chairman and MD. "The company is supporting the massive construction boom in Qatar by meeting 100 percent market demand for all types of cement and washed sand successfully from the company’s own production maintaining the high quality standards, and at a reasonable price for all products," said Mr Naimi in ... |
Qatar National Cement profits rise 6% in 201825 January 2019, Published under Cement NewsIn a filing to the Qatar Stock Exchange, Qatar National Cement reported a 53.4 per cent YoY increase in fourth-quarter profits to QAR129.03m (US$35.4m) and a 6.4 per cent YoY rise to QAR347.83m for the full year of 2018. The company saw profits fall to QAR218.8m in 3Q18 from QAR242.8m in 3Q2017. |
Qatar National Cement to produce white cement04 December 2018, Published under Cement NewsQatar National Cement Co (QNCC) has announced it will produce white cement following its acquisition of the necessary licences for the product. QNCC white cement will be available in 50kg bags priced at QAR25 (US$6.87) and in bulk, at a price of QAR500/t. |
Qatar National Cement sees 32% drop in net profit in 3Q1718 October 2017, Published under Cement NewsQatar National Cement Co disclosed its interim financial statement for the period ended 30 September 2017. The company's 3Q net profit is QAR242.805m, down 31.7 per cent compared to QAR355.482m for the same period of the previous year. Earnings per share (EPS) amounted to QAR3.72 for the 3Q17 (QAR5.44 fin 3Q16). |
Qatar National Cement Co sees 35% profit fall in 2Q1724 July 2017, Published under Cement NewsQatar National Cement Co reported a 34.9 per cent YoY drop in profits for 2Q17, according to a filing to the Qatar Stock Exchange (QSE). Profits declined to QAR83.3m (US$22m) from QAR127.9m reported in the equivalent period of the previous year. In the first half of 2017, the company posted a 33.2 per cent decrease in profits reaching QAR168.1m against QAR 251.7m in 1H16. |
Qatar National Cement reports a 14% increase in 4Q profit27 January 2017, Published under Cement NewsQatar National Cement reported a profit rise of 14.4 per cent YoY to QAR119.62m (US$32.8m) in 4Q16 from QAR104.6m in 4Q15. Full-year 2016 profits increased 2.5 per cent YoY to QAR475.1m from QAR463.55m. |
QNCC signs LoI with Fives FCB for 5000tpd Umm Bab expansion31 March 2014, Published under Cement NewsQatar National Cement Co (QNCC) yesterday signed a letter of intent (LoI) with Fives FCB for the QAR950m (US$261m) expansion of its Umm Bab cement works, according to Qatar’s official news agency QNA. The France-based company will be responsible for the construction of a fifth production line with a capacity of 5000tpd. The new line is expected to come on-stream in July 2016 and bring the total capacity of the plant at 17,000tpd, QNA reported. |
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