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Saudi Cement Q4 net profit up 9pcSaudi Cement reported an 8.9 per cent rise in fourth-quarter net profit on Wednesday, beating forecasts as cement sales increased. The kingdom's largest cement company by market value made a net profit of SR269 million ($71.68 More… |
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Saudi Cement records small growth in Q3 profitSaudi Cement reported a slight increase in third-quarter net profit on Tuesday, beating analysts' forecasts who had expected the company's profit to decline. Saudi Arabia’s largest cement producer by market value mad More… |
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Saudi Cement keeps Hofuf kilns closed due to weak demandSaudi Cement Company, the kingdom's largest listed cement producer by market value, said it would not restart after refurbishment work two kilns at its Hofuf factory due to high inventory levels and weak demand. The company ha More… |
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Saudi Cement keeps Hofuf kilns closed due to weak demandSaudi Cement Company, the kingdom's largest listed cement producer by market value, said it would not restart after refurbishment work two kilns at its Hofuf factory due to high inventory levels and weak demand. The company ha More… |
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Saudi Cement Q1 net up 53pc, beats estimatesSaudi Cement Company, a Saudi joint stock company operating two cement plants in the kingdom, posted a 53.4 per cent rise in first-quarter net profit, beating estimates. The firm made a net profit of SR325.6 million ($86.8 million) in the More… |
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Saudi cement firms face fuel shortagesA shortage in subsidised fuel is threatening growth among Saudi cement firms amid rising demand in the top oil-exporter, the chief executive of Southern Province Cement Co (SPCC) said. Safar Dhufayer, speaking at the Reuters Middle East In More… |
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Saudi Cement Q3 profit jumps 39pcSaudi Cement Company has reported a 39 percent rise in its third-quarter net profit on increased efficiency and higher local demand, beating analysts' forecasts. The firm made a net profit of 195 mil More… |
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Saudi Cement Q2 net profit up 12pcSaudi Cement Co reported a 12 percent increase in second-quarter net profit, according to a company statement issued on Saturday. Saudi Cement made a net profit of SR213.7 million ($57 million) in the three months to end-June, compared to More… |
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Saudi Cement Q1 net profit up 19pcSaudi Cement Company reported a 19 percent rise in its first-quarter net profit to beat analysts' forecasts as higher production and lower costs boosted earnings, the firm said on Wednesday. The company, Saudi Arabia's second-largest cemen More… |
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Jouf Cement to raise $173m from IPOAl Jouf Cement plans to raise SR650 million ($173.3 million) by selling new and existing shares to the Saudi public, with over half of the proceeds going to the founders of the firm which started operations in May. Over the July 19-25 peri More… |
