Southern Province Cement reports 46% rise in 3Q sales
Saudi cement producer Southern Province Cement Co saw its net profit after zakat and tax surge to SAR90.3m (US$24m) in the 3Q19 from SAR5.4m in the 3Q18. Third-quarter sales r...
Saudi Arabia
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Arabian Cement 3Q profit triples
Arabian Cement Co saw its net profits after zakat and tax surge to 320.8 per cent to SAR60.6m (US$16.2m) in 3Q19, compared to SAR14.4m in the 3Q18, reports Mubasher. Revenues...
Qassim Cement sees profits surge in 3Q19
Saudi Arabia’s Qassim cement has seen its net profits after zakat and tax advance to SAR90.16m (US$24m) in the third quarter of 2019, from SAR5.68m in the 3Q18. The increase in...
Najran Cement posts SAR14.1m 3Q profit
Najran Cement Co saw its profits rise to SAR14.13m (US$3.77m) in the 3Q19, up from losses of SAR23.7m in the 3Q18, according to the company’s statement to the Saudi Stock Excha...
Northern Cement reports 'robust' 3Q19 sales
Saudi Arabia's Northern Region Cement Co has reported 'robust' 3Q19 financial results, according to General Manager, Obeid bin Saad Al-Subaie. "The Kingdom did not witness an ...
Hail Cement records 52% revenue increase in the 3Q19
Saudi Arabia’s Hail Cement has recorded a SAR7.6m (US$1.95m) net profit in the 3Q19, compared with a loss of SAR18.3m in the year-ago period. Revenue also improved 51.7 per cen...
Yamama Cement sees revenue surge 73% in the 3Q19
Saudi Arabia’s Yamama Cement Co has returned to profit in the 3Q19, posting a SAR45.7m (US$12.1m) profit against losses of SAR46.3m in the year-ago quarter. Revenue also surged...
Al Jouf Cement renews export licence
A company statement for Al Jouf Cement of Saudi Arabia stated that the company has received its renewed cement export licence as well as a new clinker export licence on 15 octo...
Aggregate cement sales rise 17% in Saudi Arabia
Aggregate cement sales of 17 producers in Saudi Arabia reported an overall average increase to 3.71Mt in September 2019, up 17.27 per cent compared to 3.16Mt in September 2018....
Arabian Cement's Rabigh plant to begin operations in 2Q20
Construction work on Arabian Cement Co’s grinding plant in Rabigh, Saudi Arabia, is now 99.3 per cent complete. Full completion is due in the 1Q20 and commercial operations are...