Listed Saudi firms see 3.8% increase in 2014 sales
Sales of the listed cement firms in Saudi Arabia grew by 3.8 per cent to hit SAR13.5bn (US$3.6bn) in 2014 compared to SAR13bn in 2013, according to a report published by Al-Haya...
Saudi Arabia
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Eastern Province Cement names new chairman, deputy chairman
Saudi-based producer Eastern Province Cement Co (EPC) approved at a meeting on Sunday the appointment of Turki bin Fahd as board chairman. The company also named Abdul Mohsen al...
Saudi full-year output update
Saudi Arabia, the largest cement producer in the GCC, produced over 57Mt of cement in 2014, according to a report in Arab News. Demand in the kingdom continues to grow fuelled b...
Saudi firms’ net profit up 6% YoY
The net profit of the Saudi cement firms has registered an increase by six per cent in 2014, reaching US$1.56bn compared with US$1.48bn recorded in 2013, Arab News reported. Pro...
Al Jouf net profit advances 11.6% in 2014
Saudi-based Al Jouf Cement recorded a net profit of SAR60.4m (US$16.1m) for 2014, up from SAR54.1m in 2013, the company said in a statement to the Saudi Stock Exchange.
Saudi: Al Jouf Cement's 4Q14 profit surges
Al Jouf Cement Co posted a SAR20.7m (US$5.51m) net profit for the fourth quarter of 2014, with an increase by 160.49 per cent YoY from SAR7.9m and 141.26 per cent QoQ from SAR8.6m.
Yamama Cement Co fourth-quarter earnings down 14.61% YoY
Yamama Cement Co recorded a 14.61 per cent decline in net earnings in the fourth quarter of 2014 to SAR152m (US$40.5m), compared to SAR178m in the comparative period of the prev...
Saudi Cement Co 4Q net profit up 8.91%
Saudi Cement Co has posted a 8.91 per cent rise in fourth-quarter net profit to SAR269m (US$71.7m) from SAR247m and 16 per cent QoQ from SAR232m. The YoY rise in fourth-quarter ...
Saudi monthly cement sales up 17% YoY
Saudi Arabian cement sales in December 2014 rose 17 per cent YoY to 5.59Mt from 4.79Mt in the same month of the year before, latest statistics published by domestic producer Yam...
Yanbu Cement 4Q net earnings up 20.63%
Saudi producer Yanbu Cement Co posted SAR193m (US$51.4m) net earnings for the fourth quarter of 2014, rising 20.63 per cent from SAR160m in 4Q13 and 18.4 per cent from SAR163m i...