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 ...
Saudi Arabia
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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 octob...
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 ...
Najran Cement has reappointed its chairman
Saudi Arabia's Najran Cement Co has reappointed Mohammed bin Manaa Aballala (non-executive member) as its chairman. Salah bin Yassin Allaf (independent member) was named as depu...
Hail Cement resumes operations after shutdown
Saudi Arabia’s Hail Cement has resumed operations of its production line after shutting down for maintenance works . However, cement crushers and its packaging line remained act...
Al Jouf Cement reports 2Q profit
Saudi cement producer Al Jouf Cement posted sales of SAR46.2m (US$12.3m) in 2Q19, representing a 70 per cent rise when compared with 2Q18 when sales reached SAR27.2m, according ...
Qassim Cement sees 2Q profit rise
Saudi cement producer Qassim Cement reported a net profit after zakat and tax of SAR70.5m (US$18.8m), a 383 per cent increase YoY, when net profit reached SAR18.4m, according to...
Saudi Cement producers profits recover in 2Q19
Saudi Cement posted net income of SAR92.3m (US$24.613m) in 2Q19 and profits were up 59 per cent in the period compared to 2Q18, but declined by 30.3 per cent compared to 1Q19. T...
Yamama Cement reports 47% net profit increase in 2Q19
Saudi Arabia’s Yamama Cement has recorded a 46.6 per cent YoY increase in net profit for the second quarter of 2019, rising to SAR53.2m (US$14.19m) from SAR36.3m. The company’s ...