Al Jouf Cement’s revenue drop results in net loss in 2024
Al Jouf Cement Co reported a 4.8 per cent decline in revenues to SAR256.5m (US$68.4m) in 2024 from SAR269.28m in 2023, according to initial financial results reported by Zawya. ...
Saudi Arabia
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Sinoma Overseas Development Co Ltd caps Yamama preheater tower
Sinoma Overseas Development Co Ltd celebrated the successful capping of the preheater tower for the Yamama 12,500tpd relocated and upgraded cement production line project in Sau...
Southern Province Cement reports 25% rise in net profit
Saudi Arabian cement producer Southern Province Cement Co posted a 12.6 per cent drop in sales to SAR935m (US$249.3m) in 2024 from SAR1.07bn in the previous year. However, the c...
Qassim Cement posts 112% rise in net profit
Saudi Arabia based Qassim Cement Co posted revenues of SAR967.57m (US$258m) in 2024, up 65.8 per cent when compared with SAR583.55m in 2023. The company's net profit advanced by...
Najran Cement posts 24% hike in profits in 2024
Saudi Arabia based Najran Cement Co saw a 10.1 per cent increase in revenue to SAR534.5m in 2024 from SAR485.65m in 2023, according to the company’s financial statements. Net pr...
Arabian Cement reports 15% increase in net profit in 2024
Arabian Cement Co saw a two per cent drop in revenue to SAR857.9m (US$228.8m) in 2024 from SAR875.8m in 2023. However, the company’s net profit increased by 14.7 per cent YoY to...
Arabian Cement's decarbonisation roadmap Premium
With supranational developments such as the EU’s carbon border adjustment mechanism and macro-economic factors driving decarbonisation of Egypt’s cement sector, Arabian Cement C...
Grey to white Premium
To meet increasing demand for white cement in Saudi Arabia and elsewhere, Riyadh Cement converted its grey cement Line 1, into a dual-purpose line that will also be able to prod...
GCC’s vision for cement Premium
Saudi Arabia’s Vision 2030 continues to set the pace for cement demand in the Gulf Cooperation Council (GCC) region. There are positive signs for the UAE’s recovery and a moveme...
City Cement Co of Saudi Arabia announces the reappointment of the Chairman
City Cement Co of Saudi Arabia has announced the reappointment of the Chairman of the Board of Directors (BoD) and his deputy for the current session. In a recent notification t...