Saudi Cement reports lower profit in FY2025
Saudi Cement Co (SCC) reported a decline in profitability for the year ended 31 December 2025, reflecting lower average selling prices despite higher sales volumes. The company ...
Saudi Cement Co
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Saudi Cement Co announces new board
Saudi Cement Co has announced changes to its Board of Directors, which enters a new four-year term ending on 31 December 2028. Khalid Abdulrahman Al-Rajhi has been appointed as ...
Saudi Cement Co reports robust performance in 3Q24
Saudi Cement Co reported sales revenue of SAR387.1m in the third quarter of 2024, up 22.9 per cent YoY from SAR315m. The company has attributed the improved revenue to increased...
Saudi Cement posts SAR113.8m net profit in 1Q24
Saudi Cement Co reported a net profit of SAR113.8m (US$30.3m) in the 1Q24, representing a 8.1 per cent drop YoY from SAR123.8m but a QoQ increase of 9.6 per cent from SAR103.80m...
Saudi Cement sees drop in 3Q profit
Saudi Cement Co reported a 15.4 per cent drop in quarterly net profit after tax and zakat to SAR68.3m (US$18.2M) in the 3Q23 when compared with the year-ago period when net prof...
Saudi Cement Co records 13% increase in net profit
Saudi Cement Co has seen a 12.7 per cent YoY increase in net profit to SAR451.4m (US$120.37m) for the full-year 2019 period, compared with SAR400.5m in the previous year. Total ...
Saudi Arabia records 22% production increase in December
Saudi Arabian cement sales rose 24.2 per cent YoY in terms of volume in December 2019, while total production increased 21.7 per cent to 4.7Mt from 3.86Mt, according to Mubasher...
Saudi Cement Co sees 7% decline in 1Q net profit
Saudi Cement Co reported a 6.9 per cent YoY fall in its net profit in the 1Q19. After taxes and zakat, net profit reached SAR132.4m (US$35.3m), down from SAR142.2m in the 1Q18, ...
Saudi cement sales fall 9% in January
Cement sales in Saudi Arabia declined by nine per cent in January 2019 when compared with sales in the previous year. Sales volumes of companies listed on the Tadawul fell 9.3 p...
Saudi cement production falls 7% in April
The total production of Saudi cement companies fell 7.4 per cent YoY in April 2018, declining to 4.2Mt from 4.54Mt. Furthermore, sales in the country dropped 9.5 per cent YoY in...