Northern Region Cement Co (NORTHERN CEMENT) News - Mubasher Info
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28 April 09:44 AM

Northern Region Cement Co (3004)

Last update: 27 April 03:17 PM market time.
7.00
0.05
0.72%
Open 6.95
Previous Close 6.95
High 7.01
Low 6.95
Stock Statistics
Volume 169,826
Turnover 1,185,604.88
All data are 15 minutes late during market session

News

Photo Archive
22 October 2020 09:46 AM Northern Cement starts oil well cement production
Riyadh – Mubasher: The Northern Region Cement Company on Thursday said it has begun producing oil well cement. The cement firm has obtained accreditation from the American Petroleum Institute (API) for this product and all of the company's …
Companies Investments
Overall cement sales hiked to 4.58 million tonnes in September 2020.
8 October 2020 00:48 PM Cement sales in Saudi Arabia continue to rise in September
Riyadh – Mubasher: Sales registered by Saudi Arabia’s cement companies continued to rise in September 2020, recording a 23.5% upswing in sales on a year-on-year (YoY) basis. Overall cement sales hiked to 4.58 million tonnes in September 2020, …
Macroeconomics
The dividend distribution stands at SAR 0.25 per share
30 August 2020 10:39 AM Northern Cement's board proposes 2.5% dividends distribution for H1-20
 Riyadh – Mubasher: The board of the Northern Region Cement Company has recommended paying out cash dividends equivalent to 2.5% of the capital for the first half (H1) of 2020. The cash dividends will be distributed at SAR 0.25 per share, with a …
Board of Directors
Revenues reached SAR 180.1 million in Q1-20
14 June 2020 04:59 PM Northern Cement achieves SAR 27m in Q1 profits
 Riyadh – Mubasher: Northern Region Cement Company’s net profits after Zakat and tax hit SAR 27.6 million in the first quarter (Q1) of 2020, 78% more than SAR 15.5 million in the same period in 2019, the company's initial financial statements …
Financial Results
Net profits after zakat and tax hiked by 425.5% to SAR 26.23 million in Q3-19
22 October 2019 04:54 PM Northern Cement logs SAR 26m profits in Q3
Riyadh – Mubasher: Northern Region Cement Company posted its interim financial results for the third quarter of 2019. Net profits after zakat and tax hiked by 425.5% to SAR 26.23 million in Q3-19, compared to SAR 4.9 million in Q3-18, according to …
Company News
Profit was ascribed to increase in average sales price
30 July 2019 07:19 PM Northern Cement turns to profit in Q2-19
Riyadh – Mubasher: Northern Region Cement Company turned to profit during the second quarter of 2019, as profit after Zakat and taxes grew to SAR 14.07 million. The company ascribed its profit to the increase in the average sales price and the …
Financial Results
Net profits amounted to SAR 40.14 million in Q1-19
7 May 2019 10:37 AM Northern Region Cement’s profit falls 47% in Q1
Riyadh – Mubasher: Northern Region Cement Company posted a 47% year-on-year drop in its profits for the first quarter of 2019. Net profits amounted to SAR 40.14 million in Q1-19, compared to SAR 75.85 million in Q1-18, according to the company’s …
Financial Results
The OGM approved remuneration at SAR 200,000 for each board member
22 April 2019 00:44 PM Northern Region Cement not to distribute dividends for FY18
Riyadh – Mubasher: Northern Region Cement Company on Monday announced that the company’s shareholders had approved the board of directors’ proposal for not distributing cash dividends for 2018 during an ordinary general meeting (OGM) held the …
Cash Dividends
The 2018 net profit decline was ascribed to strong competition inside the Saudi and Jordanian markets
20 March 2019 02:19 PM Northern Region Cement posts 75% profit drop in 2018
Riyadh – Mubasher: Northern Region Cement Company on Wednesday reported a 75.3% year-on-year profit drop in 2018. The Saudi cement firm’s net profits retreated to SAR 13.09 million ($3.49 million) last year, compared to SAR 52.95 million ($14.12 …
Financial Results
cement stockpiles increased to 1.12 million tonnes in January
11 February 2019 02:45 PM Sales of Saudi cement firms fall 9% YoY in January - Report
By: Thabet Shehata Riyadh – Mubasher: Sales of Saudi cement companies listed on the Saudi Stock Exchange (Tadawul) retreated 9.3% year-on-year in January to 3.7 million tonnes, from 4.08 million tonnes, according to a monthly report conducted by …
Sector Reports
Lower sales weigh on Northern Cement’s profit in Q3
8 November 2018 00:05 PM Lower sales weigh on Northern Cement’s profit in Q3
Riyadh – Mubasher: Northern Region Cement Company on Thursday reported a 60.4% year-on-year decrease in net profits in the third quarter of 2018, citing lower sales. Northern Cement’s net profits after calculating Zakat and Tax amounted to SAR …
Financial Results
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 …
Sector Reports
Photo Archive
9 August 2018 05:49 PM Northern Cement turns to losses in Q2
Riyadh - Mubasher: Northern Region Cement Company announced its financial results for the second quarter of the year. The company reported losses of SAR 6.69 million in Q2-18, versus profits of SAR 8.26 million for the same period last year. …
Financial Results
Total production of Saudi cement companies fell 7.4% to 4.2 million tonnes last month
10 May 2018 00:48 PM Saudi cement sales fall 9.5% in April - Report
Riyadh – Mubasher: Sales of cement companies operating in Saudi Arabia registered a 9.52% year-on-year decrease in April 2018, compared to the same month a year earlier. Cement sales hit 4.2 million tonnes in April, versus 4.64 million tonnes in …
Sector Reports
The Saudi cement provider's profit declined to SAR 1.66 million in Q1-18
10 May 2018 10:10 AM Northern Cement profit tumbles 89% in Q1
Riyadh – Mubasher: Saudi Arabia-based Northern Region Cement Company on Thursday posted an 89.8% year-on-year plunge in its profits during the first quarter of 2018. The Saudi cement provider's profit declined to SAR 1.66 million in the …
Financial Results
Photo Archive
29 March 2018 06:11 PM Northern Cement posts 66% profit decline
Riyadh - Mubasher: The financial statements of Northern Region Cement Company showed a decline in net profits by 65.65%. Profits dropped to SAR 52.3 million in 2017, compared to SAR 152.26 million for the year before, the company said in a …
Financial Results
Photo Archive
8 February 2018 08:24 PM Northern Cement acquires Umm Qasr for SAR 6m
Riyadh - Mubasher: Northern Region Cement Company announced on Thursday that it has completed the acquisition of Umm Qasr. Umm Qasr is registered in Dubai’s Jebel Ali Free Zone (JAFZA) with a capital of AED 10,000. The SAR 6.06 million is …
Mergers and Acquisitions
Net profits tumbled to SAR 12.51 million in Q3-17, from SAR 30.09 million in Q3-16, according to a bourse statement
30 October 2017 04:53 PM Northern Cement profits drop 58.4% to SAR 12.51m in Q3
Riyadh – Mubasher: Northern Region Cement Company on Monday stated that its net profits levelled down 58.4% in the third quarter of 2017, compared to the year-ago period. Net profits tumbled to SAR 12.51 million in Q3-17, from SAR 30.09 million in …
Financial Results
The cement firm's net profits tumbled to SAR 8.26 million in Q2-17, from SAR 48.66 million in Q2-16
2 August 2017 00:42 PM Northern Cement profits fall 83% in Q2
Riyadh – Mubasher: Northern Region Cement Company on Wednesday announced that its net profits slid 83% year-on-year in the second quarter of 2017. The cement firm's net profits tumbled to SAR 8.26 million in Q2-17, from SAR 48.66 million in Q2-16, …
Financial Results
(Photo Credit: Arabianeye-Reuters)
3 May 2017 04:24 PM Northern Cement profits drop 62% in Q1
Riyadh – Mubasher: Northern Region Cement Company reported a 61.6% year-on-year decline in profits in the first quarter of 2017. Profits reached SAR 16.48 million in Q1-17 down from SAR 42.9 million in Q1-16, according to a bourse filing on …
Financial Results
(Photo Credit: Company website)
15 March 2017 04:27 PM Northern Cement hires new board chairman
Riyadh – Mubasher: Northern Region Cement Company has appointed Sulaiman bin Salim Al-Harbi as the board’s chairman. The board also assigned the role of the deputy chairman to Raed Ibrahaim Al Mudieheem, according to a bourse filing on Wednesday. …
Management Decisions
The company’s capital amounts to SAR 1.8 billion (Photo Credit: Company Website)
14 March 2017 08:36 AM Northern Cement approves H2 dividends
Riyadh – Mubasher: Northern Region Cement Company said its shareholders gave the go-ahead on Monday, 13 March,  to 4.5% cash dividends, equivalent to 45 halala per share, for the second half of 2016, according to a bourse statement. Total approved …
Cash Dividends
Photo Credit: Arabianeye-Reuters
11 March 2017 04:20 PM Tadawul awaits important events this week
Riyadh - Mubasher: Investors in the Saudi Stock Exchange (Tadawul) are anticipating a series of important events this week between 12 and 16 March, with some listed companies holding their assembly meetings to discuss dividends distribution. …
General Assembly
(Photo Credit: Arabianeye-Reuters)
18 January 2017 06:54 PM Northern Cement profits down 57% in Q4
Riyadh - Mubasher: Northern Region Cement Company reported a 57.3% year-on-year decline in profits in the fourth quarter of 2016, according to the company’s statement to the Saudi Stock Exchange (Tadawul) on Wednesday. Profits reached SAR 16.91 …
Financial Results
Increased costs would raise prices to SAR280-340 per tonne - (Photo Credit: Arabianeye-Reuters)
19 December 2016 02:36 PM New tolls to lower Saudi cement producers profits
By: Mohamed Idris Riyadh - Mubasher: The recent decision that obliges Saudi Cement exporters to pay fees at SAR 85 to 133 per tonne will cut profits margins for cement companies, analysts told Mubasher. The decision comes in time when benefits …
Macroeconomics