Saudi Cement Company has announced plans to distribute interim dividends worth SR535.5 million ($142.7 million) for the first half at the rate of SR3.5 per share representing 35 per cent of nominal share value.
The dividends will
Saudi Cement Company, the country's second-largest producer, said on Saturday its net profit rose by 13 per cent in 2010 as it boosted capacity to meet higher local demand.
Saudi Cement made a net profit of 660 million riyals ($176 million
Saudi Cement Company, the country's second-largest producer of the building material, said the fourth-quarter profit fell 21 per cent to Sr131.7 million ($35.12 million) after a government ban on exports.
Saudi Arabia introduced the ba