Yamama posts preliminary 4Q13, full-year results, Saudi Arabia
Yamama Cement posted its preliminary 4Q and FY13 results, with net profit up 2.3 per cent to SAR870m.
Saudi Arabia
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Yanbu Cement full-year net profit rises 14.3%
Yanbu Cement Co’s net profit rose 14.3 per cent YoY to SAR832m (US$219.4m) in 2013, the company announced in a bourse filing. Operating profit increased to SAR847m from SAR757m ...
Saudi slowdown set to continue
The current slowdown being seen in the Saudi Arabian cement market due to labour shortages is set to continue in the short-term, NCB Capital has cautioned. Saudi cement sales de...
Sharp slowdown in Saudi demand
Cement demand in Saudi Arabia has considerably slowed through 2013, effectively boosting clinker stocks to a record high level. After recording a high growth rate of some 10 per...
Kiln to close at Saudi Arabian Cement Co
Saudi cement producer and trader Al Jouf Cement said in a bourse filing it will shut down its production Kiln line 6 for scheduled maintenance from 21 December until 7 January. ...
Al Jouf begins trial production of new line, Saudi Arabia
Al Jouf Cement has launched trial operations of its second production line, the Saudi-based cement producer said in a bourse statement. The new kiln line has a clinker capacity ...
Saudi November sales drop 17%
Saudi cement sales fell 17 per cent in November 2013 to 3.65Mt compared to 4.37Mt in the same period in 2012.
China National Building Materials (CNBM)
China National Building Materials (CNBM) has reported a 37 per cent rise in revenue in 9M13. Total operating revenue stands at US$13.4bn, compared to US$9.8bn in the same period...
Saudi October sales rise by 2%
Saudi cement sales rose by two per cent during October 2013 to 4.91Mt compared with 4.13Mt in the same period a year ago.
Southern Province signs contract for new line at Bisha works
Southern Province Cement Co's (SPCC) has signed a contract for the construction of a second production line at its Bisha cement works in Saudi Arabia, the company said in a bour...