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Saudi Cement

Saudi Cement Q2 revenue up 17% at $92.6m

Saudi Cement has registered revenue of SR348 million ($92.6 million) in the second quarter of 2021, a y-o-y growth of 17%, higher than estimate of SR324 million by 7.6%, said Al Rajhi Capital, a top provider of financial services in Saudi Arabia

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Saudi Cement Q3 earning up 24.7% over volume surge

Saudi Cement registered revenue of SR387 million ($103 million) in Q3, a year-on-year (y-o-y) growth of 24.7% and growth in sales was supported by a 19.8% y-o-y growth in volume and an improvement in average realization, a report said.

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Saudi Cement Q3 earning up 24.7% over volume surge

Saudi Cement registered revenue of SR387 million ($103 million) in Q3, a year-on-year (y-o-y) growth of 24.7% and growth in sales was supported by a 19.8% y-o-y growth in volume and an improvement in average realization, a report said.

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Saudi Cement earnings drop 19% in Q2: report

Saudi Cement earnings reached SR75 million ($20 million) during the second quarter (Q2) of the year, marking a year-on-year (y-o-y) decline of 19%. However, this was higher than the analysts expectations of SR57 million and consensus estimate of

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Saudi cement demand up despite Covid-19 lockdown

Saudi Arabia's cement sector witnessed a 11 per cent growth in material demand for the first five months of 2020 compared to the same period last year despite the lockdown due to Covid-19 pandemic, according to Al Rajhi Capital, a leading

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Saudi cement demand up despite Covid-19 lockdown

Saudi Arabia's cement sector witnessed a 11 per cent growth in material demand for the first five months of 2020 compared to the same period last year despite the lockdown due to Covid-19 pandemic, according to Al Rajhi Capital, a leading

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Project delays may hit Saudi cement demand, says report

Saudi cement sector has not witnessed any impact from the coronavirus pandemic in terms of year-on-year (y-o-y) volume growth during the first quarter of 2020, according to a report by Al Rajhi Capital.    T

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Affordable housing drives Saudi cement sector

Saudi Arabia's cement sector is back in positive trajectory from June 2019 as compared to 2018 levels, a report said, adding that the primary driver of this growth is the government’s push towards affordable housing. Due

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Saudi Cement reports $24.5m net profit in Q2

Saudi Cement has reported a net profit of SR92 million ($24.52 million) in the second quarter of 2019, an increase of 59 per cent compared to SR58 million ($15.46 million) during Q2 of 2018. The company missed the estimate of SR10

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Saudi Cement reports $24.5m net profit in Q2

Saudi Cement has reported a net profit of SR92 million ($24.52 million) in the second quarter of 2019, an increase of 59 per cent compared to SR58 million ($15.46 million) during Q2 of 2018. The company missed the estimate of SR10

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