Najran Cement resumes production at 6500tpd line
Saudi Arabia’s Najran Cement has temporarily suspended operations of its second production line. However, it will resume production at its 6500tpd third line from 1 July due to...
Saudi Arabia
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Hail Cement shuts down for maintenance
Saudi cement producer Hail Cement Co has announced its planned shutdown of its production line for maintenance. The company’s cement mill and packaging line will remain in oper...
thyssenkrupp announces new country CEO of Saudi Arabia
thyssenkrupp Industrial Solutions has announced that Volker Hellberg has succeeded Thomas Dreiling as its country CEO in Saudi Arabia. Mr Hellberg has a long track record in th...
Northern Cement announces 37% 1Q revenue rise
Saudi cement producer Northern Cement reported a more than nine-fold rise in net profits after zakat and tax in the first quarter of 2019, according to Mubasher. Net profit rea...
Hail Cement sees 41% YoY 1Q revenue increase
Saudi Arabia-based Hail Cement reported a 41 per cent YoY rise in revenues to SAR68.6m (US$18.3m) in the first quarter of 2019. “The main reason for the increase in net incom...
Najran Cement Co posts 159% rise in net profit
Saudi Cement producer Najran Cement Co reported a 159 per cent increase in net profits (after zakat and tax) to SAR6m (US$1.6m) in the 1Q19 when compared with the 1Q18, when it...
Southern Province 1Q profit up 18%
Saudi cement producer Southern Province Cement Co reported 17.6 per cent YoY growth in 1Q profits (after zakat and tax) to SAR120m (US$32m) in 2019. When compared with the prev...
Umm Al Qura Cement Q1 doubles profit in 1Q19
Saudi cement producer Umm Al Qura saw its first-quarter net profit, after tax and zakat, more than doubled to SAR21.5m (US$5.7m) in the 1Q19 from SAR10.2m in the 1Q18. The c...
Saudi Cement Co sees 7% decline in 1Q net profit
Saudi Cement Co reported a 6.9 per cent YoY fall in its net profit in the 1Q19. After taxes and zakat, net profit reached SAR132.4m (US$35.3m), down from SAR142.2m in the 1Q18,...
Tabuk Cement posts 3M profit
Saudi cement producer Tabuk Cement Co has returned to profit in the first quarter of 2019, posting a SAR3.63m (US$968,000) net profit. The rise has been attributed to increas...