Yanbu Cement Co (3060)

Riyadh – Mubasher: Yanbu Cement Company achieved a 14.31% growth in net profit to SAR 58.31 million during the first quarter (Q1) of 2024 from SAR 51.01 million in Q1-23. The cement manufacturer attributed the annual increase in Q1-24 net profit …

Riyadh – Mubasher: Yanbu Cement Company registered a 44.33% year-on-year (YoY) decline in net profit to SAR 119.92 million in 2023 from SAR 215.41 million. Revenues tumbled 20.45% YoY to SAR 780.55 million last year from SAR 981.17 million, …

Riyadh – Mubasher: Yanbu Cement Company posted net profits after Zakat and tax worth SAR 101.83 million during the first nine months (9M) of 2023, a 34.82% plunge from SAR 156.24 million. Earnings per share (EPS) went down to SAR 0.65 in 9M-23 …

Riyadh – Mubasher: Yanbu Cement Company achieved SAR 86.29 million in net profit after Zakat and tax during the first half (H1) of 2023, down 0.78% from SAR 86.97 million in H1-22. The revenues shrank by 17.14% year-on-year (YoY) to SAR 397.56 …

Riyadh – Mubasher: Yanbu Cement Company (YCC), one of the major cement manufacturers in Saudi Arabia, announced the appointment of Fahd bin Sulaiman Al Rajhi as the Chairman of the board. The company also named Mohammed bin Abdullah Al Khereiji as …

Riyadh – Mubasher: The board of Yanbu Cement Company decided to pay a dividend of SAR 1.50 per share for the first half (H1) of 2023, according to a bourse filing. The firm will disburse a total of SAR 236.25 million, equivalent to 15% of the …

Riyadh – Mubasher: The net profit after Zakat and tax of Yanbu Cement Company amounted to SAR 51.01 million in the first quarter (Q1) of 2023, higher by 31.03% than SAR 38.93 million in Q1-22. The Tadawul-listed firm generated SAR 224.01 million …

Riyadh – Mubasher: Yanbu Cement Company registered SAR 215.41 million in net profit after Zakat and tax in 2022, an annual growth of 35% from SAR 159.56 million. The revenues hit SAR 981.17 million during the 12-month period that ended on 31 …

Riyadh – Mubasher: The board of Yanbu Cement Company decided to distribute cash dividends worth SAR 118.12 million, representing 7.50% of the capital, to shareholders for the second half (H2) of 2022. The Saudi firm will disburse SAR 0.75 per …

Riyadh – Mubasher: A total of 15 Saudi and regional entities took part in the largest-ever carbon credit sale, during which 1.40 million tonnes of carbon credits were successfully auctioned at the Voluntary Carbon Market Initiative in the Future …

Riyadh – Mubasher: Yanbu Cement Company generated net profits after Zakat and tax of SAR 156.24 million in the first nine months (9M) of 2022, up 4.38% from SAR 149.69 million in 9M-21. Revenues edged down by 0.13% year-on-year (YoY) to SAR 741.90 …

Riyadh – Mubasher: Yanbu Cement Company has posted a 24.52% year-on-year (YoY) plunge in net profit after Zakat and tax to SAR 86.97 million during the first half (H1) of 2022, compared to SAR 115.23 million. The revenues went down by 10.33% to …

Riyadh – Mubasher: The board of Yanbu Cement Company has announced a cash dividend distribution, equivalent to 7.5% of the capital, for the first half (H1) of 2022. The cash dividend payout stands at SAR 0.75 per share, aggregating at a total …

Riyadh – Mubasher: Yanbu Cement Company has bought the entire shares of its subsidiary, Yanbu Saudi Kuwaiti Paper Products (Yanbu Paper), at a total value of SAR 32.33 million. The Saudi listed firm purchased 40% of the unit’s total shares from …

Riyadh – Mubasher: Yanbu Cement Company logged net profits after Zakat and tax worth SAR 38.93 million in the first quarter (Q1) of 2022, down 46.95% from SAR 73.39 million in Q1-21. Revenues settled at SAR 241.63 million during the first three …

Riyadh – Mubasher: Yanbu Cement Company's net profit after Zakat and tax decreased by 43.22% year-on-year (YoY) to SAR 159.56 million in 2021, compared to SAR 281.02 million. The company generated revenues of SAR 934.03 million last year, down …

Riyadh – Mubasher: The board of Yanbu Cement Company decided to distribute a cash dividend worth SAR 1 per share for the second half (H2) of 2021. The cement firm will pay a total amount of SAR 157.5 million, representing 10% of the capital, for …

Riyadh – Mubasher: Yanbu Cement Company logged a year-on-year (YoY) decrease of 55.8% in net profits to SAR 36.4 million during the third quarter (Q3) of 2021 from SAR 82.48 million. Revenues declined by 13.5% YoY to SAR 207.78 in Q3-21 from SAR …

Riyadh – Mubasher: Yanbu Cement Company will be distributing a cash dividend of SAR 1.25 per share, representing 12.5% of the share’s par value, for the first half (H1) of 2021. The dividends’ payment will total SAR 196.87 million for 157.5 …

Riyadh – Mubasher: Yanbu Cement Company achieved net profits after Zakat and tax worth SAR 115.23 million during the first half (H1) of 2021, down by 11.06% from SAR 129.56 million in H1-20. Earnings per share stood at SAR 0.73 in H1-21, compared …

Riyadh – Mubasher: NCB Capital expected local cement sales in Saudi Arabia to increase by 3.5% annually in 2021 to 52.8 million tonnes.  “We believe the Saudi cement companies are well-positioned to further improve their payouts in 2021, (pay-out …

Riyadh – Mubasher: Yanbu Cement Company’s net profit for the last year increased by around 9% on a yearly basis, standing at SAR 281 million. This growth in annual earnings is owed to lower general, administrative, and financing expenses, and …

Riyadh – Mubasher: Yanbu Cement Company will shut down its production Line 4 for 60 days starting as of 15 February 2021 for upgrade.  Dispatches will not be affected by this halt as there is a sufficient clinker strategic stock. In addition, Line …

Riyadh – Mubasher: Yanbu Cement Company’s board of directors recommended cutting the company’s capital by 36.5% to SAR 1 billion from SAR 1.58 billion. The move comes as the capital exceeds the company’s needs, according to a stock exchange filing …

Riyadh – Mubasher: Yanbu Cement Company’s board of directors decided to distribute cash dividends of SAR 196.9 million to shareholders for the second half (H2) of 2020. The approved amount is equivalent to SAR 1.25 per share and represents 12.5% …