City Cement reports lower prices but higher volumes in FY results
Saudi Arabia-based City Cement Co reported full-year net profit of SAR128.9m (US$34.4m) on sales of SAR519.6m. The company said the period saw an increase in sales volumes, alth...
City Cement Co
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Saudi cement companies face higher fuel prices in 2025
Al Jouf Cement Co , Arabian Cement Co , City Cement Co , Najran Cement Co , Riyadh Cement Co , Southern Province Cement and Umm Al-Qura Cement Co announced that they have receiv...
City Cement to acquire Umm Al Qura Cement Co by increasing its share ownership
Saudi-based City Cement Co (CCC) has reached an agreement with Umm Al Qura Cement Co to acquire its entire stake by increasing capital through issue of new shares in the company...
Umm Al Qura Cement and City Cement see fall in profit
Saudi-Arabia-based Umm Al Qura Cement Co reported net profits of SAR1.44m (US$0.38m), representing a 76.4 per cent drop YoY from SAR6.12m in the third quarter of 2023. Revenues ...
Bullish 4Q22 results expected for Saudi Arabian producers
Twelve Saudi Arabian cement companies' aggregate profit listed on Tadawul are expected to surge 101 per cent YoY and 20 per cent QoQ to SAR617m (US$164.5m) in the 4Q22, accordin...
City Cement sees 31% rise in profit
Saudi Arabia’s City Cement has posted a net profit after tax of SAR49.7m (US$13.25m) in the second quarter of the year, up 30.8 per cent YoY on SAR38m in the year-ago period. Sa...
City Cement shareholders agree on 26% capital cut
Shareholders of Saudi-based City Cement Co have approved a 26 per cent capital cut to SAR1.4bn (US$8.34m) from SAR1.89bn, on having a capital surplus, during the extraordinary g...
City Cement sees 96% rise in revenues, back in profit in 3Q19
Saudi-based City Cement Co reported profits of SAR50.5m (US$13.5m) in the 3Q19 when compared with SAR2.38m loses in the same quarter of 2018, according to Mubasher. Total revenu...
City Cement reports 19% profit increase for 2018
Saudi Arabia’s City Cement Co has noted an 18.9 per cent YoY rise in net profit to SAR111m (US$29.58m) for 2018, compared with SAR93.3m of the previous year. The increase was su...
City Cement agrees settlement with Sinoma International
City Cement of Saudi Arabia has made a settlement with Sinoma International for payment of its second production line. The original contract was signed in June 2012 for a total ...