Yamama sees 9% dip in 1H profits
Yamama Cement Co of Saudi Arabia saw its net profit after zakat and tax decline by 9.2 per cent YoY to SAR120.1m (US$32m) in the 1H22 from SAR 132.55m in the 1H21. Sales expande...
Yamama Cement
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Yamama Cement signs SAR1.633bn financing agreement
Yamama Cement Co signed a Shariah-compliant financing agreement on 31 March for SAR1.663bn (US$435.4m) with Saudi National Bank, the cement producer said in a statement to the T...
Aggregate Saudi Arabian Cement sales fall 7% in December
The aggregate sales of 17 Saudi cement producers decreased by seven per cent to 4.8Mt in December 2021, from 5.2Mt in the same month last year, according to recent data issued b...
Yamama Cement Co makes early loan repayments
Yamama Cement Co announced the early repayment of SAR130m (US$34.6m) worth of two loan installments to Saudi Industrial Development Fund (SIDF), according to a bourse filing. Th...
Yamama Cement Co sees 32% decline in sales
Saudi Arabia’s Yamama Cement Co has posted a 31.6 per cent YoY decline in sales to SAR170.7m (US$45.52m) in the quarter ending 30 September, compared to SAR249.65m in the year-a...
Yamama Cement signs financing agreement
Saudi Arabia’s Yamama Cement Co has signed a financing agreement with Al Rajhi Bank for a value of SAR863m (US$229.81m), including a SAR563m long-term facility and SAR300m in sh...
Saudi cement sector reports positive 1Q20
Despite the ongoing coronavirus pandemic, the Saudi cement sector has reportedly seen a 33 per cent YoY average increase in cement market volumes during the 1Q20, according to a...
Yamama Cement sees revenue surge 73% in the 3Q19
Saudi Arabia’s Yamama Cement Co has returned to profit in the 3Q19, posting a SAR45.7m (US$12.1m) profit against losses of SAR46.3m in the year-ago quarter. Revenue also surged ...
Yamama Cement reports 47% net profit increase in 2Q19
Saudi Arabia’s Yamama Cement has recorded a 46.6 per cent YoY increase in net profit for the second quarter of 2019, rising to SAR53.2m (US$14.19m) from SAR36.3m. The company’s ...
Saudi sales rise in June 2019
Cement sales in Saudi Arabia increased 20 per cent YoY to 2.55Mt in June 2019, compared to 2.13Mt in the same month last year, according to data compiled by Yamama Cement Co. On...