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Saudi Arabia

803 posts · Page 48 of 81

Yamama Cement sees 90% profit fall

Yamama Cement sees 90% profit fall

Saudi Arabia's Yamama Cement Co saw net profits fall 89.5 per cent YoY in 2Q17. Earnings contracted to SAR12.17m in the second quarter from SAR116.3m in 2Q16.

Expected decline in 2Q Saudi cement sales

Expected decline in 2Q Saudi cement sales

Saudi cement sales volumes are expected to have declined by 17 per cent YoY and 11 per cent QoQ due to a lower pace of project spending, Riyadh Capital writes in its latest prev...

Drop in Saudi 2Q earnings expected

Drop in Saudi 2Q earnings expected

Six Saudi cement companies are expected to see a decline in their revenues and profits, by 37.1 to 62.8 per cent in the second quarter of 2017, according to a recent report by A...

Yamama agrees raising credit facility limit

Yamama agrees raising credit facility limit

Yamama Cement announced that it has agreed with the National Commercial Bank (NCB) and Samba Financial Group to raise its sharia-compliant credit facility limit from SAR1bn to S...

Saudi five-month cement sales down 18.7%

Saudi five-month cement sales down 18.7%

Saudi cement sales fell by 18.7 per cent YoY in the first five months of this year to 22.6Mt, while clinker output was down 11.3 per cent, according to the Saudi Cement Sector M...

Tabuk Cement profit down

Tabuk Cement profit down

Tabuk Cement on Wednesday announced a 59.2 per cent decrease in net profit during the first quarter of 2017, compared to the same quarter last year, according to a bourse filing.