Saudi Arabia

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Najran Cement 3Q12 net profit down, Saudi Arabia

Najran Cement 3Q12 net profit down, Saudi Arabia

Saudi Arabian cement company Najran Cement posted a net profit of SAR36.2m (US$9.7m) for the third quarter of 2012 compared to SAR83.3m in the corresponding period of 2011, repr...

Saudi Cement 3Q12 net profit rises, Saudi Arabia

Saudi Cement 3Q12 net profit rises, Saudi Arabia

Saudi Cement Co reported a 7.3 percent increase in quarterly profits on higher domestic sales, Reuters reported. The company said it made US$56m net profit during the third quar...

Arabian Cement Company fire damage, Saudi Arabia

Arabian Cement Company fire damage, Saudi Arabia

Arabian Cement Company said that a fire which broke out at its third cement mill at its plant in Rabigh on 20 September was caused by an electrical problem, Construction Week re...

Saudi Cement's 1H12 sales surge 45%

Saudi Cement's 1H12 sales surge 45%

Saudi Cement Company (SCC) said that its net profit for the six months through June 2012 rose 45 per cent YoY to SAR615.8m (US$164.2m) from SAR424.6m a year earlier. The company...