Thursday 10 July 2014
 
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Yamama Cement

Yamama Saudi plans 50pc capital hike

Saudi's Yamama Saudi Cement Company plans to increase its capital by 50 per cent through a bonus share issue, the firm said in a bourse statement. The firm will increase its capital to SR2.025 billion ($540 million) from SR1.35 billion

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Yamama sees 19pc hike in Q4 profit

Saudi Arabia's Yamama Cement estimated fourth quarter profits would be 19 per cent higher on Tuesday, partly on higher sales. Yamama said estimated net profit was SR191 million ($50.9 million) in the quarter ended December 30, up from

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Yamama Cement Q4 net profit surges 10pc

Saudi Arabia's Yamama Cement posted a 10 per cent increase in its fourth quarter net profits, the company said in a bourse statement on Saturday. Yamama made SR160 million ($42.7 million) in the three months ending December, compared to SR

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Yamama Cement Q1 net surges 31pc

Saudi Arabia's Yamama Cement posted a 31 per cent increase in first quarter net profits due to higher sales despite an export ban. Saudi cement companies are still faced with an export ban imposed in 2008 after cement prices skyrockete

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Yamama buys stake in Yemeni cement firm

Yamama Cement, Saudi Arabia's third biggest cement firm by sales, said on Saturday it had agreed to take a 20 per cent stake in the Yemeni Saudi Cement Company for $15 million. 'The completion of the legal proceedings and the final

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Yamama, Tabuk cement Q4 profit tumbles

Two Saudi Arabian cement producers said on Saturday profit fell in the fourth quarter on lower sales volumes following a government decision to ban exports. Yamama Cement Company, the country's third largest cement producer, said net i

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