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Saudi Cement net profit down 37pc in Q1Saudi Cement has registered a 37 per cent drop in its net profit for the first quarter which fell to SR165 million ($44 million) from SR265 million ($70.5 million) last year owing to the drop in sales volume and sale price as a result of slugg More… |
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Saudi Cement net profit down 37pc in Q1Saudi Cement has registered a 37 per cent drop in its net profit for the first quarter which fell to SR165 million ($44 million) from SR265 million ($70.5 million) last year owing to the drop in sales volume and sale price as a result of slugg More… |
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Saudi Cement Q2 net profit slips 2pcSaudi 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 More… |
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Saudi Cement trims proposed H1 dividendThe 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 More… |
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Saudi cement export ban lift to provide little relief to producersThe 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 More… |
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Saudi Cement Q1 net profit falls 13pcSaudi 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 More… |
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Saudi Cement Q1 net profit falls 13pcSaudi 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 More… |
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Saudi Cement halts production at clinker kilnSaudi 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 More… |
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Saudi Cement halts production at clinker kilnSaudi 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 More… |
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Saudi Cement Q4 net profit falls 32.8pcSaudi 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 More… |
