New construction projects are expected to increase demand for cement in coming months. Sales of cement companies dropped by 17 percent in November 2013 to 3.65 million tons compared to 4.37 million tons in the same period in 2012, local ...
Tags: cement, construction
Saudi cement producers Yamama and Yanbu have reported solid profit growth, though Yamama s profits slipped somewhat in 2012 s final quarter, Saudi Gazette has reported. Yanbu Cement posted a net profit of SR720m ($192m) for 2012, up by ...
Yanbu Cement has announced a net profit of $192m (SR: 720m) for 2012 - a 36.1% increase on 2011. The company said that the increase had been achieved as a result of improved sales and the fact that it had started production at its fifth ...
Tags: Yanbu Cement, increase, company news, Construction
The Saudi stock exchange s cement index climbed almost 6% yesterday to smash the 4,000 mark for the first time in almost seven months, with some suppliers making the biggest gains of the year. The measure for the companies selling the ...
Tags: Cement, Yamamah Cement, Qassim Cement, Yanbu Cement
NCB Capital, Saudi Arabia’s largest asset manager, expects the Saudi cement sector to continue witnessing strong demand in 2012, led mainly by government projects. The new NCB Capital report analysing the Saudi cement sector noted ...
Tags: market view, cement