Saudi Arabia

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Yamama Cement 3Q net profit remains flat YoY

Yamama Cement 3Q net profit remains flat YoY

Saudi cement producer Yamama Cement Company said yesterday that according to preliminary results, its net profit stood at SAR277m (US$73.9m) for the first quarter of 2013, almo...

Yamama Saudi Cement to upgrade Riyadh works

Yamama Saudi Cement to upgrade Riyadh works

Yamama Saudi Cement Company is to carrying out the rehabilitation of an existing cement plant in Riyadh. This project is in Saudi Arabia. It aims at replacing five old clinker...

Saudi Cement net profit rises 32.3% in 2012

Saudi Cement net profit rises 32.3% in 2012

Saudi Cement Company said today its net profit for 2012 rose 32.3 per cent YoY to SAR1.1bn (US$293m) thanks to higher demand. Earnings per share stood at SAR7.2, up from SAR...

Yanbu Cement full-year net profit rises 36% YoY

Yanbu Cement full-year net profit rises 36% YoY

Saudi cement producer Yanbu Cement Co (YCC) reported a surge in full-year net profit thanks to increased demand and a new production line as top capacity players benefit from t...