First eight months sales fall 18% YoY in Saudi Arabia
In the first eight months of 2017, cement sales volume In Saudi Arabia declined 18 per cent YoY to 32.1Mt, while clinker production fell 10 per cent YoY during the same period, ...
Saudi Arabia
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Saudi producers sees sales drop 16% in August 2017
The sales of Saudi cement producers fell 15.5 per cent to 3.72Mt in August 2017 when compared to 4.4Mt reported in August 2016. Total production in August reached 3.79Mt, down Y...
Saudi Arabia volumes down 19% in 7M17
Saudi Arabia’s cement sales volumes have dropped by 19 per cent YoY to 28.3Mt during the first seven months of 2017, a report from Al Rajhi Capital reveals.
Saudi's subdued second quarter
The Saudi Arabian cement industry is continuing to face headwinds with domestic producers reporting a tough second quarter amid the dual impact of lower cement demand and Ramada...
Arabian Cement Co profit down on lower sales and prices
Saudi-based Arabian Cement Co on Wednesday announced a 74.8 per cent YoY decrease in its profits for the second quarter of 2017, attributing the drop to lower sales volumes and ...
Saudi cement sales rise 12% in July
Cement sales of companies operating in Saudi Arabia recorded an increase of 11.53 per cent in July 2017.
Tabuk and Al Jouf net profit dragged down by lower demand
Saudi-based producers Tabuk Cement and Al Jouf Cement have reported a decline in second quarter net profit due in part to lower demand.
Northern Region Cement 2Q net profit down 83%
Northern Region Cement Co on Wednesday announced that its net profits fell 83 per cent YoY in the second quarter of 2017. Profits fell to SAR8.26m during the three months ending...
Eastern Province Cement 2Q net profit slides
Saudi-based Eastern Province Cement Co (EPCC) said its net profits slid 25.5 per cent YoY in the second quarter of 2017 due to lower volumes and value of cement sales due to a d...
Yanbu 2Q sales hit by weak demand and strong competition
Saudi-based Yanbu Cement Co's second quarter net profit fell by 49.7 per cent YoY, and 35.5 per cent on a sequential basis, according to a bourse filing. The drop in profits is ...