Egypt's cement sector sees sales rise 15% YoY
Egypt's cement industry recorded strong sales in March with total sales reaching 4.99Mt, up 22 per cent MoM and 15 per cent YoY. The industry’s utilisation rate also surged to 7...
Arabian Cement
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Arabian Cement 3Q profit triples
Arabian Cement Co saw its net profits after zakat and tax surge to 320.8 per cent to SAR60.6m (US$16.2m) in 3Q19, compared to SAR14.4m in the 3Q18, reports Mubasher. Revenues of...
Arabian Cement records 96% fall in profit
Egypt’s Arabian Cement has reported a 96.3 per cent YoY decline in consolidated profits for the first quarter of 2019, declining to EGP5.97m (US$350,284) from EGP162.01m in the ...
Arabian Cement returns to profit in 1Q19
Arabian Cement net profits reached SAR37.1m in the first quarter of 2019, compared to net losses of SAR6.1m in the year-ago period, according to a statement to the Saudi Stock E...
Saudi producers face declining results in 3Q18
Saudi's Arabian Cement has posted a 51.2 per cent YoY decline in net profit during the 3Q18, falling from SAR29.5m (US$7.86m) to SAR14.4m. Furthermore, sales decreased 27.7 per ...
Arabian Cement profit soars 197% in 1H18
Egypt's Arabian Cement posted a 196.6 per cent hike in consolidated profits to EGP212.76m (US$11.89m) in 1H18 from EGP71.71m in 1H17, the company said in a filing to the Egyptia...
Arabian Cement posts net loss in 2Q18
Saudi cement manufacturer Arabian Cement has recorded a SAR50.9m (US$13.57m) net loss in the second quarter of 2018, compared with a SAR35.5m profit seen in the year-ago period....
Arabian Cement announces net loss in 1Q18
Arabian Cement has announced a 106 per cent YoY decline in net profit for the first quarter of the year, falling from SAR100.7m (US$26.85m) to a loss of SAR6.1m, according to Re...
Arabian Cement posts SAR97m profits in 4Q17
Arabian Cement reported a 276YoY surge in net profits of SAR97m (US$25.9m) in 4Q17, compared to SAR25.8m in 4Q16, according to a statement to the Saudi Stock Exchange. However, ...
Arabian Cement plans expansion into Africa and Asia
Arabian Cement is planning to expand into regional markets in Africa and Asia to boost its profitability amid strong competition in the Egyptian market, according to reports in ...