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City Cement Announces Developments of Using The Sar 946 Million Proceeds
Feb 12, 2014Saudi Arabia-based City Cement Co.announced the developments of using the SAR 946 million proceeds generated from its initial public offering(IPO)during the period from October 1,2013 till December 31,2013,as follows: 1-Main equipment ...
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City Cement Has Announced That It Began Production at Its Third Mill
Jun 4, 2013City Cement has announced that it began production at its third mill on Tuesday. The company said that it will build capacity over a two-to-three month period until full production starts at the mill, when it will be capable of producing ...
Tags: City Cement, Mill, Construction&Decoration
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City Cement Raised Over $250m for Expansion When It Floated on a Stock Exchange
Jan 17, 2013City Cement, the company which raised just over $250m for expansion when it floated on Saudi Arabia s stock exchange in October, has announced that net profits dropped during the fourth quarter of 2012 by 35% to $11.6m, compared with $17.7m ...
Tags: City Cement, cement industry, company news
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City Cement's Second Mill Could Lead to It Losing Sales of up to $13.3m
Nov 17, 2012City Cement has revealed that the breakdown caused by a technical failure at its second mill could lead to it losing sales of up to $13.3m (SR: 50m). In a statement to the Saudi stock exchange yesterday, the firm said that it could take up ...
Tags: market view, cement
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Max Manufacturing Company of Burma Will Increase Its Daily Cement Production Capacity
Oct 26, 2012Max Manufacturing Company of Burma will increase its daily cement production capacity from 500 tonnes now to 2, 600 tonnes by the end of next year and 4, 200 tonnes in 2014, according to a deal with a Thai company, the Bangkok Post reported ...
Tags: market view, cement
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City Cement Announced a 31% Increase in Net Profits to $53.2m
Oct 20, 2012The newest of Saudi Arabia s Cement Companies to be quoted on Saudi Arabias stock exchange, City Cement, announced a 31% increase in net profits for the nine months to September 30 to $53.2m (SR: 199.45m). The Riyadh-based company floated ...
Tags: market view, cement
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