Northern Region Cement sees 27% rise in net profit
Saudi Arabia’s Northern Region Cement has seen its net profit rise 26.9 per cent YoY to SAR52.9m (US$14.11m) in the January-July period of 2021, compared with SAR41.65m in the ...
Saudi Arabia
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Eastern Province Cement records 5% rise in profit
Saudi Arabia’s Eastern Province Cement has announced a five per cent increase in net profit to SAR122m (US$32.53m) in the first half of 2021, against SAR116m in the 1H20. Sales...
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. ...
Umm Al Qura Cement sees 17% decline in profit
Saudi Arabia’s Umm Al Qura Cement has seen a 16.8 per cent decline in net profit to SAR49.45m (US$13.19m) in the first half of 2021, compared to SAR59.48m in the year-ago perio...
Yamama Cement achieved a net profit of SAR132.6m in 1H21
Saudi Arabia-based Yamama Cement recorded a net profit after zakat and tax of SAR132.6m (US$35.3m) in the 1H21, a 24 per cent fall from SAR174.8m in the same period a year ago...
Yanbu Cement posts 23% rise in revenue
Saudi Arabia’s Yanbu Cement Co has reported a 11.1 per cent YoY fall in net profit to SAR115.23m (US$30.73m) in the first half of 2021, compared to SAR129.56m in the year-ago p...
Umm Al Qura Cement appoints chairman
Saudi Arabia’s Umm Al Qura Cement Co has appointed Abdullah Abdulaziz Suleiman Alabdulatif as its chairman. The board also appointed Saud Mahamed Ali Al Sabhan as vice-chairman...
Saudi Cement announces new board member
Saudi Cement Co has announced the resignation of board member Mohammad Sulaiman Balghonaim and the appointment of Mansour Mohammed Balghonaim as a member of the board to comple...
Southern Province Cement announces new 10,000tpd line
Saudi Arabia’s Southern Province Cement has announced a new 10,000tpd production line at its Jizan cement plant in the south of the country. The project will replace the plan...
Arabian Cement sees 49% surge in profit
Saudi Arabia’s Arabian Cement Co has seen a 48.5 per cent YoY surge in net profit to SAR67m (US$17.87m) in the first quarter of 2021, up from SAR45.1m in the 1Q20. Sales incr...