Saudi Cement Co unveils new brand identity
Saudi Cement Co has launched a new brand identity an event which also marked company's diamond jubilee. Present at the ceremony were senior government officials, businessmen, s...
Saudi Arabia
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Wärtsilä signs power plant maintenance contract with Umm AlQura Cement
Wärtsilä has signed a three-year maintenance agreement with Umm AlQura Cement Company for its power plant near Taif city in Saudi Arabia. With this asset management agreement, ...
Umm Al Qura Cement Q3 losses widen 75%, Saudi Arabia
Umm Al Qura Cement posted SAR1.7m (US$0.45m) in net loss for the third quarter of 2015, a rise of 75 per cent from SAR6.9m (US$1.8m) logged in the same period a year earlier. ...
Saudi Cement third-quarter earnings down 10%
Saudi Cement Co posted net earnings of SAR208m (US$55.5m) for the third quarter of 2015, down 10.34 per cent compared with SAR232m a year earlier. Net earnings for the nine-mo...
Southern Province Cement posts 29% drop in 9M15 net earnings
Saudi producer Southern Province Cement Co posted net earnings of SAR202m (US$53.9m) for the third quarter of 2015, down 29 per cent compared with SAR285m a year earlier. Net ...
Yanbu Cement Co nine-month net profit down 2%
Saudi-based Yanbu Cement Company reported a two per cent decline in net profit over the first nine months of 2015 to SAR597m (US$159m), compared to SAR609m in the same period o...
Saudi Arabia: Qassim Cement sees 6% rise in 3Q profit
Saudi-based producer Qassim Cement reported a six per cent rise in third-quarter profit to SAR115m (US$30.7m), versus SAR109m in the same quarter of last year, according to a b...
Umm Al Qura Cement signs deal with CNBM International Engineering
Umm Al Qura Cement has signed an agreement with CNBM International Engineering to operate a cement production line, the company said in a bourse statement on Monday. The SAR32...
Saudi producers' 2Q net profit drops
Saudi Cement reportedly dropped an 11.8 per cent in net profit for 2Q15 to SAR254m, from SAR288m in 2Q14. It attributed the fall in net profit to lower local sales without elab...
Hail Cement 2Q15 net earnings down 28%
Saudi-based Hail Cement reported net earnings of SAR28.6m during the second quarter of 2015, down 38 per cent compared with SAR46m in the comparative period of last year. Net ...