Saudi Cement

48 posts · Page 1 of 5

Saudi Cement sales slump

Saudi Cement sales slump

Cement sales in Saudi Arabia saw a notable downturn, dropping 6.7 per cent year-on-year and 21.3 per cent month-on-month to 3.37Mt. A report from Al Rajhi Capital attributes thi...

Saudi cement sales exhibited growth in 2QFY24

Saudi cement sales exhibited growth in 2QFY24

Saudi Arabia's cement industry recorded a 1.8 per cent sales growth in the 2Q124, reaching 10.85Mt. Al-Yamama Cement 's data showed that 95 per cent of these sales were domestic...

Saudi cement sales rise 5% in November

Saudi cement sales rise 5% in November

The aggregate sales of 17 Saudi cement producers rose one per cent YoY to 4.8Mt in November 2022, according to Yamama Cement Co ’s data. Locally, nine market players reported sa...

Saudi Cement buys 37% share of  United Cement

Saudi Cement buys 37% share of United Cement

Saudi Cement Co has acquired a 37 per cent stake in United Cement Industrial Co (UCIC) for SAR28m (US$330,426), as announced in Saudi Cement’s 2Q21 company report. Accordingly, ...

Saudi Cement sees 14% rise in profit

Saudi Cement sees 14% rise in profit

Saudi Cement Co has posted a 14.1 per cent YoY rise in net profit to SAR86.4m (US$23.04m) in the quarter ending 30 June 2021, compared to SAR75.7m in the year-ago period. Revenu...

Saudi Cement announces new board member

Saudi Cement announces new board member

Saudi Cement Co has announced the resignation of board member Mohammad Sulaiman Balghonaim and the appointment of Mansour Mohammed Balghonaim as a member of the board to complet...

Saudi Cement Co sees 9% rise in revenue

Saudi Cement Co sees 9% rise in revenue

Saudi Cement Co has seen its net profit edge up one per cent YoY to SAR456m (US$121.6m) in the full-year 2020 period. The rise in annual net earnings was attributed to improved ...