Saturday 1 October 2016
 
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Saudi Cement

Saudi Cement Q2 net profit slips 2pc

Saudi Cement met analysts' estimates as it reported a 2 per cent decline in second-quarter net profit on Monday due to a drop in sales and rising power costs. One of the kingdom's largest cement firms by market value, it m

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Saudi Cement trims proposed H1 dividend

The board of Saudi Cement has proposed paying a cash dividend of SR2.75 ($0.73) per share for the first half of 2016, the firm said in a bourse statement on Wednesday. This is marginally lower than the 3 riyals per share payout fo

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Saudi cement export ban lift to provide little relief to producers

The much anticipated lifting of the Saudi Arabia export ban on cement, which was mandated in 2008 and renewed in 2012, may allow little relief for the kingdom’s cement producers, according to a research note issued by Arqaam Capital, the e

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Saudi Cement Q1 net profit falls 13pc

Saudi Cement has reported a 12.5 percent drop in its first-quarter net profit, hurt by a decrease in sales and an increase in energy costs. One of the kingdom's largest cement firms by market value made a net profit in the thr

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Saudi Cement Q1 net profit falls 13pc

Saudi Cement has reported a 12.5 percent drop in its first-quarter net profit, hurt by a decrease in sales and an increase in energy costs. One of the kingdom's largest cement firms by market value made a net profit in the thr

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Saudi Cement halts production at clinker kiln

Saudi Cement will halt production at a clinker kiln that manufactures 3,500 tonnes daily and has scrapped plans to install two new cement mills, the company said on Sunday. It cited a cement export ban and market conditions for it

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Saudi Cement halts production at clinker kiln

Saudi Cement will halt production at a clinker kiln that manufactures 3,500 tonnes daily and has scrapped plans to install two new cement mills, the company said on Sunday. It cited a cement export ban and market conditions for it

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Saudi Cement Q4 net profit falls 32.8pc

Saudi Cement reported a 32.8 percent drop in fourth-quarter net profit on Sunday, missing estimates as sales fell and it booked an impairment for two kilns. The company, one of the kingdom's largest cement producers by market

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Saudi Cement records 11.8pc fall in Q2 profit

Saudi Cement posted a 11.8 per cent fall in second-quarter net profit on Monday, missing analyst forecasts due to lower sales. The kingdom's largest cement firm by market value said in a bourse filing its net profit for the th

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Saudi Cement board proposes H1 cash dividend

Saudi Cement on Monday said in a bourse statement its board had proposed paying a cash dividend of SR3 ($0.80) per share for the first half of 2015. This is slightly lower than the 3.5 riyals per share payout for the same period i

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