Saudi cement firms, Yanbu Cement Co and Saudi Cement Co, have both announced positive results for the second quarter of 2013. Yanbu posted a 26.9% increase in net profit for the period to $73.1m (SAR 274m), up from last year's ...
Tags: Cement, Construction, Decoration
According to Arab News, the Saudi Arabian Ports Authority has announced that the commercial ports are now ready to receive cement and clinker. The announcement follows King Abdullah s decree last month, which ordered the import of 10 ...
Tags: Clinker Imports, Cement
Saudi-based Yanbu Cement Co has signed an agreement with the Ports Authority (PA) to import clinker into the kingdom, Arab News has reported. The deal is part of a government initiative to import 10 million tonnes of cement in the next ...
Tags: Construction, Cement
Yanbu Cement Co recorded a net profit of $65.9m (SR: 247m) in the first quarter of 2013 - a 70.4% increase on the same period in 2012. The company attributed the growth due to much higher sales as a result of the start of commercial ...
Tags: Yanbu 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
Cement demand in Saudi Arabia has been rising on the back of huge government and private sector projects and an expected surge in public expenditure above budgeted levels will further fuel demand growth, National Commercial Bank (NCB) said ...
Tags: industry trends, 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
The Saudi Tadawul index ended 0.22% lower at 6, 400 points Tuesday. Yanbu Cement was the share of the day, posting the largest advance, up 4.15% at SR69. The cement producer restarted three of four production lines Sunday after these lines ...
Tags: market view, cement
Yanbu Cement has posted an impressive increase in net profits for the latter half of 2011 as demand for raw materials increases in Saudi Arabia. Yanbu Cement Company, based in the Red Sea port town that gives the company its name, produces ...
Tags: market view, cement, price