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...
Saudi Arabia
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City Cement sees 26% fall in profit
Saudi Arabia's City Cement has posted a 25.6 per cent YoY decline in net profit to SAR38m (US$10.13m) in the quarter ending 30 September 2021, compared with SAR51.1m in the year...
Umm Al Qura Cement's revenue down 35% YoY
Saudi Arabia’s Umm Al Qura Cement Co has posted a net profit after tax of SAR12.47m (US$3.33m) in the quarter ending September 2021, down 60.9 per cent YoY against SAR31.91m in ...
Yanbu Cement Co sees revenue up 10% in 9M21
Saudi Arabia’s Yanbu Cement Co has reported a 55.8 per cent YoY decline in net profit to SAR36.4m (US$9.71m) in the third quarter of 2021, compared to SAR82.48m in the year-ago ...
Yamama Cement Co sees 32% decline in sales
Saudi Arabia’s Yamama Cement Co has posted a 31.6 per cent YoY decline in sales to SAR170.7m (US$45.52m) in the quarter ending 30 September, compared to SAR249.65m in the year-a...
Saudi Arabian cement sales decline in September
The aggregate sales of 17 Saudi cement producers decreased by 11 per cent to 4.1Mt in September, from 4.6Mt in the same month last year, according to recent data issued by Yamam...
Arabian Cement decides on court action over limestone dispute
Arabian Cement Co of Saudi Arabia has filed a lawsuit against Emaar the Economic City to claim the remaining quantities of limestone it should have received in accordance with a...
Al Jouf Cement extends SAR40m cement supply contract
Al Jouf Cement Co extended has its cement supply agreement with Soliman bin Saleh Almohileb and his Sons Holding Co with a value of SAR40m (US$10.66m), according to a bourse fil...
Arabian Cement records 2Q21 revenue of SAR233m
Arabian Cement Co (ACC) registered a revenue for the 2Q21 of SAR233m (US$62m), a YoY increase of 66.9 per cent. The company achieved an 82.9 per cent YoY improvement in cement v...
Umm Al-Qura Cement appoints new CEO
Saudi Arabia's Umm Al-Qura Cement Co has announced the appointment of Majid Tariq Salah Gharbawi as CEO, effective from 20 October. Mr Gharbawi has more than 17 years of experie...