Najran Cement sees 24% fall in profit
Saudi Arabia’s Najran Cement has posted a net profit of SAR36.1m (US$9.23m) in the third quarter of 2021, down 23.8 per cent YoY from SAR47.4m in the year-ago period. Sales also...
Najran Cement
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Saudi Arabian producers report 15% decline in net profit
Saudi Arabian producers listed in the main market saw an estimated 15 per cent decline in total net profits to SAR892.5m (US$237.9m) in the first quarter of 2021, compared to ar...
Najran Cement posts 1H results
Saudi Arabia-based Najran Cement reported sales of SAR121.5m (US$32.4m) in the second quarter of 2020. The company’s gross profit reached SAR50.3m while its operational profit s...
Najran Cement signs financing agreement
Saudi Arabia’s Najran Cement has signed a financing agreement with Bank Al-Jazira. The credit agreement will see a total of SAR355M (US$94.67m) paid semi-annually over five year...
Najran Cement Co reports positive 1Q20 results
Saudi Arabia’s Najran Cement Co has reported a 557.4 per cent surge in net profit to SAR40.1m (US$10.69m) in the first quarter of 2020, compared to SAR6.1m in the 1Q19. Sales ad...
Najran Cement resumes production at 6500tpd line
Saudi Arabia’s Najran Cement has temporarily suspended operations of its second production line. However, it will resume production at its 6500tpd third line from 1 July due to ...
Najran Cement losses surge to 651% in 2Q18
Saudi Arabia’s Najran Cement’s losses reached SAR-31.73m (US$-8.46m) in the second quarter of 2018, representing an increase of SAR4.2m when compared with the 2Q17, according to...
Najran Cement announces financial impact of line closure
Saudi Arabia’s Najran Cement has halted production at a 6500tpd clinker line and resumed production at its 3000tpd second line. The second line was temporarily shut down to redu...
Saudi Arabian companies report profit falls in 3Q17
Saudi Arabia’s cement companies reported a fall in third-quarter profits when compared with the same period last year. Northern Region Cement reported a 58.4 per cent YoY decrea...
Saudi Arabia: Najran shuts down Line 2
Saudi Arabia’s Najran Cement Co has suspended production at a 3000tpd clinker line. The temporary shutdown of company’s Line 2 is due to the current conditions in the market. Th...