Sunday 28 December 2014
 
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Saudi Cement

Saudi Cement records small growth in Q3 profit

Saudi 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

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Saudi Cement keeps Hofuf kilns closed due to weak demand

Saudi 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

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Saudi Cement keeps Hofuf kilns closed due to weak demand

Saudi 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

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Saudi Cement Q1 net up 53pc, beats estimates

Saudi 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

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Saudi cement firms face fuel shortages

A 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

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Saudi Cement Q3 profit jumps 39pc

Saudi 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

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Saudi Cement Q2 net profit up 12pc

Saudi 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

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Saudi Cement Q1 net profit up 19pc

Saudi 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

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Jouf Cement to raise $173m from IPO

Al 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

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Saudi Cement plans 1-for-2 share issue, cash dividend

Saudi Cement Company plans to issue one free share for each two held by investors and a cash dividend of 3.50 riyals ($0.93) for 2009, Saudi Arabia's second-largest producer said. 'Company shares will increase from 102 million shar

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