Eastern Province Cement Co sees 15% uptick in 9M net profit
Eastern Province Cement Co reported sales of SAR280m, up 15.2 per cent YoY, for the third quarter of 2024, according to data on the Saudi Exchange. The company attributed the...
Saudi Arabia
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Yamama Cement posts 140% advance in 3Q net profit
Saudi Arabia-based Yamama Cement reported sales of SAR285.2m (US$76.1m) in the 3Q24, up 34.7 per cent from SAR211.7m in the 3Q23. The company’s net profit surged by approximat...
City Cement and Next Generation SCM launch low carbon concrete in Saudi Arabia
Nizak Mining Company, a subsidiary of City Cement , has partnered with UK-based industrial group Next Generation SCM to establish a groundbreaking joint venture producing low ...
City Cement signs JV with Next Generation SCM
Next Generation SCM, a provider of low carbon supplementary cementitious material (SCM), and Nizak Mining Company, fully owned by Saudi Exchange-listed City Cement ( Al Abdul...
Turboden wins 13MWe ORC power plant order at Riyadh Cement
Turboden, a Mitsubishi Heavy Industries Group company, has won its first project in Saudi Arabia for a 13MWe Organic Rankine Cycle (ORC) plant at the Riyadh Cement Co . Thi...
Yamama Saudi Cement posts 13% rise in 2Q revenue
Yamama Saudi Cement Co reported a 13 per cent increase in revenue to SAR243.7m (US$65m) in the second quarter of 2024. The company's net profit declined by 14 per cent YoY ...
Qassim Cement posts 58% rise in 1H net profit
Saudi Arabia-based Qassim Cement Co posted revenue of SAR203.3m for the quarter ended 30 June 2024, representing a 48.2 per cent increase from SAR137.2m in the year-ago perio...
Eastern Province Cement sees 20% rise in 1H net profit
Saudi cement producer Eastern Province Cement Co posted a sales revenue of SAR585m (US$156m) in the first six months of 2024, representing a 29.1 per cent increase from SAR45...
Yanbu Cement sees 14% rise in 1H net profit
Saudi Arabia-based Yanbu Cement Co announced its interim condensed consolidated financial results for the period ended 30 June 2024. Sales for the six month-period advanced...
Al Jouf Cement signs contract for NEOM City cement supply
Al Jouf Cement Co has signed a SAR104.19m (US$27.7m) contract to sell cement to Webuild SpA for NEOM construction projects. The joint deal will last 41-months from the date o...