Saudi Cement recommends dividend
Saudi Cement Co’s board of directors has recommended paying a dividend of SAR3.5 per share for first six months of 2014, the firm said in a bourse filing on Sunday. Shareholders...
Saudi Arabia
803 posts · Page 64 of 81
Al Jouf completes supply agreement
Saudi-Arabia based Al Jouf Cement said in a bourse statement today that it has completed supplying clinker and cement according to the contracts signed with Al-Rajhi Factory in ...
Loesche receives Saudi Arabian roller mill order
United Cement Industrial Company (UCIC) has selected a Loesche LM 56.4 raw mill for its cement plant in Al-Sadiya, 150km south of Jeddah, Saudi Arabia. Tianjin Cement Industry D...
Al Jouf first-quarter earnings drop, Saudi Arabia
Al Jouf Cement posted a drop in earnings of about 40 per cent YoY to SAR15m (US$4m), missing Al-Rajhi Capital’s estimates of SAR 17.8m but exceeding consensus estimate of SAR13m...
Najran secures finance for waste heat project
Najran Cement has signed a SAR150m Sharia-compliant loan facility with Banque Saudi Fransi, aimed at financing the company’s waste heat recovery project. The loan has a maturity...
Saudi: Arabian Cement quarterly net profit up 6.2% YoY
Saudi-based Arabian Cement Company (ACC) posted a SAR167.1m (US$44.6m) net profit for the first quarter of 2014, up 6.2 per cent from SAR157.3m a year ago. Earnings per share (E...
Saudi Cement: first-quarter net profit declines
Saudi Cement Co posted a 16 per cent decline in net profit for the first three months of this year due to lower domestic demand and losses from an associate company.
Qassim Cement 1Q14 net profit declines
Qassim Cement Company reported net profits amounting to SAR159m (US$42.4m) in the first quarter of 2014, down 5.59 per cent for the same period of the last year. In a statement ...
Umm Al Qura set to raise US$73m via float
Umm Al Qura Cement is to raise over SAR275m (US$73m) in cash by selling 27.5m shares at SAR10 each via a flotation on Saudi Arabia's stockmarket, Tadawul. The shares are expecte...
Saudi Arabia's cement industry looks forward to good times
Saudi Arabia's cement companies are preparing for long-term cement demand growth as they expand their capacity. However, for some such as Yanbu Cement, the past quarter has seen...