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City Cement Co (3003)

Last update: 12 August 03:19 PM market time.
16.90
-0.04
-0.24%
Open 16.94
Previous Close 16.94
High 16.96
Low 16.80
Stock Statistics
Volume 531,502
Turnover 8,973,622.62
All data are 15 minutes late during market session

News

Quarterly profits amounted to SAR 36.2 million
6 August 05:30 PM City Cement posts 12.2% growth in Q2 profits
Riyadh – Mubasher: City Cement reported a 12.2% increase in net profit during the second quarter (Q2) of 2020 to SAR 36.2 million, compared with SAR 32.25 million in Q2-19, as shown by the company’s interim financial results. The company …
The number of shares will be reduced to 140 million from 189.2 million
15 July 09:38 AM CMA approves City Cement 26% capital cut
Riyadh - Mubasher: The Capital Market Authority (CMA) approved the request of City Cement Company for a 26% capital cut to SAR 1.4 billion from SAR 1.89 billion. Accordingly, the number of shares will be reduced to 140 million from 189.2 million, …
The capital cut will be financed through the company’s internal resources and loans
5 November 2019 01:05 PM City Cement’s board recommends capital reduction by 26%
Riyadh – Mubasher: The board of directors of City Cement Company recommended 26% capital reduction to SAR 1.4 billion from SAR 1.89 billion through share cancellation. The capital cut will be financed through the company’s internal resources and …
Total revenues hiked by 95.8% to SAR 127.9 million in Q3-19
4 November 2019 11:40 AM City Cement achieves SAR 50m profits in Q3
Riyadh – Mubasher: City Cement Company achieved SAR 50.5 million in profits during the third quarter of 2019, against SAR 2.38 million in losses in the same quarter of 2018. Total revenues hiked by 95.8% to SAR 127.9 million in Q3-19, compared to …
Net profits of City Cement hiked by 111.7% in H1-19
5 August 2019 00:01 PM City Cement’s Q2 profits hike 226%
Riyadh – Mubasher: City Cement Company reported its initial financial statement for the second quarter of 2019. Net profits after zakat and tax surged by 226% to SAR 32.25 million in Q2-19, from SAR 9.8 million in Q2-18, according to the company’s …
The dividends will be distributed on 16 April
7 April 2019 10:49 AM City Cement to distribute SAR 0.40/shr dividends for FY18
Riyadh – Mubasher: City Cement Company on Sunday announced that the company’s shareholders had approved a cash dividend distribution of 40 halalas per share for the full fiscal year 2018 during an ordinary general meeting (OGM) held on Thursday, 4 …
The 2018 profit increase was ascribed to the rise in other revenues
3 March 2019 10:52 AM City Cement’s profit rises 19% in 2018
Riyadh – Mubasher: City Cement Company on Sunday reported an 18.93% year-on-year profit increase during the full-year 2018. The cement producer’s net profits amounted to SAR 111 million ($29.58 million) last year, from SAR 93.3 million ($24.87 …
City Cement’s net profits after calculating Zakat and Tax tumbled 53.4% to SAR 32.39 million during the first nine months of 2018
31 October 2018 05:03 PM City Cement suffers SAR 2.38m loss in Q3
Riyadh – Mubasher: Saudi Arabia-based City Cement Company on Wednesday announced turning to loss during the third quarter of 2018, against generating profits in the year-ago period. The firm’s net losses after calculating Zakat and Tax amounted to …
Saudi cement sales drop 26% in August
10 September 2018 06:24 PM Saudi cement sales drop 26% in August
Riyadh – Mubasher: Saudi-based cement companies’ sales retreated by around 26% in August to 2.76 million tonnes from 3.7 million tonnes in the same period of 2017, new data has showed. Cement firms’ total output also declined 27.65% year-on-year …
The Saudi firm’s profits amounted to SAR 9.88 million during Q2-18
31 July 2018 04:52 PM City Cement’s profit drops in Q2, H1
Riyadh – Mubasher: City Cement Company on Tuesday posted a 20.1% year-on-year decrease in its net profits for the second quarter of 2018. The Saudi firm’s profits amounted to SAR 9.88 million during Q2-18, down from SAR 12.36 million in Q2-17, …
Photo Archive
9 May 2018 06:01 PM City Cement profits down 34% in Q1
Riyadh - Mubasher: City Cement reported a decrease in net profits for the first quarter of 2018 by 34.25% year-on-year. Profits reached SAR 24.9 million by the end of Q1-18, compared with SAR 37.9 million for the same period last year, the company …
City Cement's EGM approved a cash dividend of SAR 0.40 per share for 2017
6 May 2018 11:13 AM City Cement shareholders to get SAR 0.40/shr dividends
Riyadh – Mubasher: City Cement’s extraordinary general meeting (EGM) has approved the board’s recommendation for distributing dividends of SAR 0.40 per share for 2017. Shareholders listed in the company’s books at the depository centre on the …
The cement producer posted a 48% drop in profits in Q4-17
28 March 2018 10:38 AM Saudi City Cement gets 1-yr export licence
Riyadh – Mubasher: The Saudi Arabia-based City Cement said it has got a licence from the commerce and industry ministry to export cement for a one-year period starting from its issuance date. The financial impact of the export licence will be …
Net profits declined to SAR 93.3 million last year versus SAR 216.3 million in 2016
19 February 2018 10:02 AM City Cement’s profit falls 57% in 2017
Riyadh – Mubasher: The Saudi Arabia-based City Cement on Monday reported a 56.9% year-on-year drop in its net profits for the full year 2017, pressured by a 48% decline in the fourth-quarter profit. Net profits declined to SAR 93.3 million last …
Net profits decreased to SAR 19.24 million in Q3-17, from SAR 32.91 million in Q3-16, according to a bourse statement
1 November 2017 10:17 AM City Cement profits slide 41.54% in Q3
Riyadh – Mubasher: City Cement on Wednesday stated that its net profits retreated 41.54% in third quarter of 2017, compared to the year-ago period. Net profits stood at SAR 19.24 million in Q3-17, compared to SAR 32.91 million in Q3-16, according …
City Cement’s total sales decreased by 30.06% in Q2-17
25 July 2017 10:45 AM City Cement Q2 profits slide 81%
Riyadh – Mubasher: City Cement posted a plunge of 80.74% in net profits during the second quarter of 2017 compared to the same period a year ago. Net earnings shrank to SAR 12.36 million in Q2-17 from SAR 64.16 million in Q2-16, according to a …
(Photo Credit: Arabianeye-Reuters)
30 April 2017 09:39 AM City Cement Q1 profits decline 48%
Riyadh – Mubasher: City Cement Co’s profits retreated 48.34% year-on-year in the first quarter of 2017. Net profits amounted to SAR 37.87 million ($10.08 million) in Q1-17 compared to SAR 73.31 million ($19.52 million) in Q1-16. The fall in …
(Photo Credit: Arabianeye-Reuters)
3 April 2017 04:17 PM City Cement to start dividends payout for H2-16 on 10 April
Riyadh – Mubasher: City Cement said that the dividends distribution for the second half of 2016 will start on 10 April. Riyad Bank will manage the payout through a direct deposit to the shareholders’ accounts in the local banks, according to a …
(Photo Credit: Arabianeye-Reuters)
30 March 2017 10:48 AM City Cement to distribute SAR 0.25/shr for H2-16
Riyadh – Mubasher: The ordinary general meeting (OGM) of City Cement Co approved the distribution of cash dividends to shareholders for the second half of 2016. The company will distribute 2.5% dividends or SAR 0.25 per share for H2-16, totalling …
City Cement board recommends SAR 0.25 dividends per share
18 January 2017 11:05 AM City Cement board recommends SAR 0.25 dividends per share
Riyadh – Mubasher: The board of directors of City Cement make a recommendation at its last meeting in 17 January 2017 to distribute cash dividends of SAR 0.25 per share. The total amount of dividends distribution stands at SAR 47.3 million, where …
City Cement's operating profits reached SAR 48.12 million in Q4-16 (Photo Credit: Arabianeye-Reuters)
18 January 2017 09:52 AM City Cement profits down in Q4
Riyadh – Mubasher: City Cement Co. saw a 23.2% decrease in its profits year-on-year in the fourth quarter of 2016, according to a bourse statement. Net profits amounted to SAR 45.1 million ($12 million) in Q4-16, compared to SAR 58.63 million …
(Photo credit: Arabianeye-Reuters)
8 November 2016 09:13 AM City Cement extends grinding experimental operation
Riyadh – Mubasher: City Cement announced on Tuesday the extension of the experimental operation period for its cement grinding facility for 265 tonnes per hour for another three months. Commercial operation will be announced at a later time, the …
The decrease in net profit was attributed to high cost of sales- (Photo Credit: Arabianeye-Reuters)
17 October 2016 04:40 PM City Cement Q3 profits fall 33%
Riyadh – Mubasher: City Cement’s profits retreated 32.63% to SAR 31.92 million ($8.5 million) in the third quarter of 2016 from SAR 47.38 million ($12.6 million) in the same period of 2015. The decrease in net profit was attributed to high cost of …
The firms did not face any difficulties so far in the process toward implementation of IFRS- (Photo Credit: Arabianeye-Reuters)
28 August 2016 00:05 PM Five KSA-listed firms to adopt IFRS
Riyadh – Mubasher:  Five Saudi-listed companies announced their plans to adopt the International Financial Reporting Standards (IFRS) before the end of 2016. The five companies are: Bishah Agriculture Development, Tourism Enterprises Company …
The cement sector index is trading beneath its average of 13.3 times for five years- (Photo Credit: Arabianeye-Reuters)
15 August 2016 10:24 AM July cement sales lower than estimates – Al Rajhi Capital
Riyadh – Mubasher: Saudi cement companies are expected to reduce their dividends distributions soon owing to the current market's situation, Al Rajhi Capital said. Sales of cement firms were down in July and came lower than the estimates of a …