Southern Province sees 63% drop in 1Q profit
Saudi-based Southern Province Cement Co reported a 62.9 per cent drop in profits for the first quarter of 2017, compared to the same period of the previous year, while QoQ profi...
Saudi Arabia
803 posts · Page 49 of 81
Najran Cement Co posts lower profits
Najran Cement Company reported a 81.7 per cent YoY decline in its profits during the first quarter of 2017, according to a Saudi bourse filing.
Northern Region Cement profit drops 61.6%
Northern Region Cement Co reported a 61.6 per cent YoY decline in profits for the first quarter of this year, the Saudi-based cement producer said in a bourse filing on Wednesday.
Yanbu reports decline in 1Q profit
Saudi-based Yanbu Cement’s profits declined by 27.49 per cent YoY to SAR124m (US$33m) in the first quarter of 2017 from SAR171m. The decline in profits was attributable to weake...
Yamama Saudi Cement quarterly profit down 66%
Yamama Saudi Cement reported a net profit of SAR50.8m (US$13.5m) in the first quarter of 2017, translating into a YoY drop of 66 per cent due to a decline in operating profit.
Saudi Arabia: sales volume falls 20% in 2M17
Cement sales in Saudi Arabia remain weak and see a further downward revision in sector earnings for 2017.
Gaza receives Saudi Arabian housing aid and Israeli cement
Saudi Arabia has contributed US$80m towards reconstructing Gaza homes destroyed during the 2014 Israeli military bombing, Minister of Housing, Mufeed Hasayneh, said on Thursday.
Saudi Arabia: Northern Region Cement Co appoints new board top
Saudi Arabia’s Northern Region Cement Co has appointed Sulaiman bin Salim Al-Harbi as the Board's chairman.
Saudi Cement producers see sales fall 25% in February
Saudi cement producers saw sales fall by 24.9 per cent in February 2017. Cement companies sold 4.09Mt of cement in the second month of the year, down from 5.44Mt in February 201...
Saudi producers unlikely to benefit from export ban
Cement makers in Saudi Arabia are unlikely to benefit from the government's decision to lift a ban on exports due to higher tariffs, according to Saudi Cement Chairman, Khaled A...