Umm Al Qura Cement Q1 doubles profit in 1Q19
Saudi cement producer Umm Al Qura saw its first-quarter net profit, after tax and zakat, more than doubled to SAR21.5m (US$5.7m) in the 1Q19 from SAR10.2m in the 1Q18. The compa...
Umm Al Qura Cement
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Saudi producers face declining results in 3Q18
Saudi's Arabian Cement has posted a 51.2 per cent YoY decline in net profit during the 3Q18, falling from SAR29.5m (US$7.86m) to SAR14.4m. Furthermore, sales decreased 27.7 per ...
Saudi Arabia: Umm AlQura signs deal with Aramco
Umm AlQura Cement has signed an agreement with Aramco to purchase fuel for its new Portland cement production line close to Taif city.
Umm Al Qura Cement Q3 losses widen 75%, Saudi Arabia
Umm Al Qura Cement posted SAR1.7m (US$0.45m) in net loss for the third quarter of 2015, a rise of 75 per cent from SAR6.9m (US$1.8m) logged in the same period a year earlier. Ne...
Umm Al Qura Cement signs deal with CNBM International Engineering
Umm Al Qura Cement has signed an agreement with CNBM International Engineering to operate a cement production line, the company said in a bourse statement on Monday. The SAR32m ...
Umm Al Qura set to raise US$73m via float
Umm Al Qura Cement is to raise over SAR275m (US$73m) in cash by selling 27.5m shares at SAR10 each via a flotation on Saudi Arabia's stockmarket, Tadawul. The shares are expecte...