Saudi monthly sales up 39% YoY
Saudi Arabia's cement sales rose 39 per cent YoY to 5.09Mt in November 2014 from 3.65Mt in November 2013, according to statistics published by Saudi cement producer Yamama Ceme...
Saudi Arabia
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Saudi: City Cement starts trail operations of Line 2
City Cement Company has started trial operations of a second production line, the Saudi-based producer said in a bourse filing. The company said the new production line will h...
Saudi: Eastern Province in talks for new production line
Saudi-based Eastern Province Cement Co said in a bourse statement that the board, in a meeting held on 9 December, discussed the project of establishing a new production line, ...
Saudi: City Cement Co invest in alternative energy project
City Cement Co intends to invest SAR25m (US$6.7m) in an alternative energy project, the Saudi-based producer said in a bourse statement yesterday. The project, anticipated to ...
Al Jouf sees double-digit rise in 3Q net profit, Saudi Arabia
Saudi-based Al Jouf Cement Co posted a 17 per cent YoY increase in its third-quarter net profit to SAR8.6m (US$2.29m), boosted by higher sale volumes. Operating profit grew a...
Saudi Arabia: Tabuk third-quarter profit down 24%
Tabuk Cement Co recorded SAR21.6m (US$5.76m) net profit in the third quarter of 2014, a decline of 23.94 per cent YoY from SAR28.4m. On a quarterly basis, net earnings were dow...
Southern Cement 3Q net profit up 53% YoY, beats esitmates
Southern Cement posted a third-quarter net income of SAR285m (US$76m), rising 53 per cent YoY. The result was above NCB Capital and consensus estimates of SAR200m and SAR196m,...
Saudi Cement 3Q14 profits better than expected
Saudi Cement posted better than expected 3Q14 financial results, beating consensus estimates, according to Al-Rajhi Capital. The cement producer’s net profit grew marginally to...
Saudi Cement posts stable 3Q profit
Saudi Cement reported a modest rise in 3Q net profit from SAR229m (US$61m) to SAR232m in the year-ago period, according to a bourse filing. The company attributed the rise t...
Saudi Arabia: strong annual 3Q gains for Yanbu despite weak start
Yanbu Cement reported a 16.4 per cent rise in third-quarter net profit to SAR163m (US$43.4m), driven by lower cost of sales due to increased production and the government's sub...