Saudi Arabia: Najran Cement receives export licence
Najran Cement obtained an export licence from the Saudi Ministry of Commerce and Investment. The licence was received on 15 February 2017 and is valid for one year, according to...
Najran Cement
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Najran 4Q16 profit falls 73%
Najran Cement reported a fall in profits of 72.55 per cent to SAR14.76m (US$3.93m) in 4Q16 from SAR53.73m in 4Q15. The company attributed the lower profit to reduced sales volum...
Saudi Arabia: low demand sees Najran Cement 3Q16 profits halved
Lower sales volumes due to a slowdown in construction activity have seen the net profit of Saudi Arabian-based Najran Cement halve YoY from SAR32.07m (US$8.55m) in 3Q15 to SAR15...
Saudi Arabia: sales volumes fall 27%
Total cement sales in Saudi Arabia declined 27 per cent YoY and 39.6 per cent MoM in June, to 4.1Mt. Cement production in June was 3.66Mt, down 25 per cent YoY and 34.6 per cent...
Saudi Arabia: Najran Cement reports lower 2Q16 profits
Najran Cement in Saudi Arabia has announced lower earnings during the second quarter of 2016, according to a bourse filing. Earnings fell 56.8 per cent YoY to SAR33.6m (US$8.96m...
Saudi producers' 2Q net profit drops
Saudi Cement reportedly dropped an 11.8 per cent in net profit for 2Q15 to SAR254m, from SAR288m in 2Q14. It attributed the fall in net profit to lower local sales without elabo...
Najran to meet investors for riyal sukuk issue
Saudi Arabia-based Najran Cement plans to meet fixed income investors starting on Sunday for a riyal-denominated sukuk issue, the company said yesterday. Najran has appointed Sa...
Phase 2 of Najran WHR trial operations to continue to end-April
Najran Cement has said trial operations of a second phase of its waste heat recovery plant are expected to continue to the end of April, the Saudi-based producer said in a bours...
Najran Cement's Line 3 begins production
Najran Cement has said that commercial production of its third production line has started. The Saudi-based cement producer said output was launched on 21 September 2013. The ne...
Najran to connect WHR unit, Saudi Arabia
Najran Cement has extended the maintenance period of line No 2 so it can connect the production line to its waste heat recovery (WHR) plant currently under construction, the com...