Arabian Cement Co. (3010)

Riyadh – Mubasher: Arabian Cement Company recorded a 22.87% year-on-year (YoY) decline in net profit to SAR 139.60 million in 2023 from SAR 181 million a year earlier Revenues decreased by 9.79% YoY to SAR 875.80 million last year from SAR 970.90 …

Riyadh – Mubasher: Arabian Cement Company has appointed Mutaz Kusai Hassan Al Azzawi as the new Chairman of the board for the next four years. The Tadawul-listed firm also named Saud Abdulaziz Abdullah Al Sulaiman as the Vice Chairman, according …

Riyadh – Mubasher: Arabian Cement Company posted net profits after Zakat and tax valued at SAR 106.90 million in the first nine months (9M) of 2023, down 26.73% from SAR 145.90 million in 9M-22. Revenues declined by 10.97% to SAR 650.60 million in …

Riyadh – Mubasher: Arabian Cement Company recorded an11.16% decline in net profit after Zakat and tax to SAR 77.20 million during the first half (H1) of 2023, compared to SAR 86.90 million in H1-22 Revenues dropped by 10.89% year-on-year (YoY) to …

Riyadh – Mubasher: Arabian Cement Company registered net profits after Zakat and tax worth SAR 49.20 million in the first quarter (Q1) of 2023, a 17.42% year-on-year (YoY) increase from SAR 41.90 million. The earnings per share went up to SAR 0.49 …

Riyadh – Mubasher: The shareholders of Arabian Cement Company approved cash dividends distribution worth SAR 110 million, representing 11% of the capital, for the second half (H2) of 2022. The Saudi firm will grant SAR 1.10 per share for 100 …

Riyadh – Mubasher: Arabian Cement Company recorded net profits after Zakat and tax worth SAR 181 million in 2022, an annual rise of 12.07% from SAR 161.50 million. Revenues amounted to SAR 970.90 million in the 12-month period that ended on 31 …

Riyadh – Mubasher: The net profits after Zakat and tax of Arabian Cement Company increased by 5.57% to SAR 145.90 million in the first nine months (9M) of 2022, versus SAR 138.20 million in 9M-21. The Saudi firm generated SAR 730.80 million in …

Riyadh – Mubasher: Arabian Cement Company has registered net profits after Zakat and tax of SAR 86.90 million during the first half (H1) of 2022, lower by 13.53% than SAR 100.50 million in H1-21. Revenues amounted to SAR 490.30 million in …

Riyadh – Mubasher: Arabian Cement Company has generated SAR 41.90 million in net profit after Zakat and tax during the first quarter (Q1) of 2022, an annual drop of 37.46% from SAR 67 million. Revenues stood at SAR 259.30 million in the first …

Riyadh – Mubasher: Arabian Cement Company achieved net profits after Zakat and tax of SAR 161.5 million in 2021, down by 12.6% from SAR 184.9 million in 2020. Earnings per share declined to SAR 1.62 in 2021 from SAR 1.85 million in the previous …

Riyadh – Mubasher: Arabian Cement Company posted an annual plunge of 52% in net profits after Zakat and tax to SAR 37.7 million in the third quarter (Q3) of 2021 from SAR 78.9 million. Revenues declined by 5.9% year-on-year (YoY) to SAR 222.9 …

Riyadh – Mubasher: Arabian Cement Company recorded net profits after Zakat and tax worth SAR 100.5 million in the first half (H1) of 2021, an increase of 90.7% from SAR 52.7 million in H1-20. Earnings per share rose to SAR 1 in the first six …

Riyadh – Mubasher: Arabian Cement Company registered a net profit after Zakat and tax worth SAR 67 million during the first quarter (Q1) of 2021, up year-on-year (YoY) by 48.5% from SAR 45.1 million. The Q1-21 net income was also 25.7% higher than …

Riyadh – Mubasher: Arabian Cement Company announced the distribution of SAR 225 million worth of cash dividends for the full year 2020. This translates to SAR 2.25 per share or 22.5% of the nominal value of each share, according to a disclosure to …

Riyadh – Mubasher: Arabian Cement Company’s net profits for the year 2020 dropped by 11.4% to SAR 184.9 million, compared with SAR 208.7 million in 2019. The slump in the company’s annual profits is attributed to higher sales costs and marketing …

Riyadh – Mubasher: Aljazira Capital remained positive on the Saudi cement sector, given the expected housing demand due to an increase in mortgage loans and the government’s mega projects. The cement sectors’ fundamentals recovered on the back of …

Riyadh – Mubasher: Arabian Cement Company posted net profits of SAR 7.6 million in the second quarter (Q2) ended on 30 June 2020, 79.62% less than SAR 37.3 million logged in the corresponding period in 2019.   Revenue slumped by 15.19% to reach …

Riyadh – Mubasher: Arabian Cement Company recorded SAR 208.7 million in annual net profits after Zakat and tax for 2019, versus net losses of SAR 26.2 million in 2018. The rise in profits resulted from an increase in the value of sales, driven by …

Riyadh – Mubasher: Arabian Cement Company uncovered its interim financial results for the third quarter of 2019. Net profits after zakat and tax surged by 320.8% to SAR 60.6 million in Q3-19, compared to SAR 14.4 million in Q3-18, according to a …

Riyadh – Mubasher: The board of directors of Arabian Cement Company has approved distributing 7.5% cash dividends to shareholders for the first half of 2019. The company will pay a total of SAR 75 million, or SAR 0.75 per share, for H1-19, …

Riyadh – Mubasher: Arabian Cement Company posted its interim financial results for the second quarter of 2019. The company turned profitable with SAR 37.3 million in Q2-19, against losses of SAR 50.9 million in Q2-18, according to the company’s …

Riyadh – Mubasher: Al Jazira Capital raised the target price (TP) of Arabian Cement Company to SAR 31.7 per share and revised its recommendation to “Overweight”. Selling price amounted to SAR 220 per tonne against Al Jazira’s estimations of SAR …

Riyadh – Mubasher: Al Rajhi Capital has set the target prices (TP) of six Saudi cement companies including  Southern Province Cement Company (SPCC), Arabian Cement, Yamama Cement, Saudi Cement Co, Yanbu Cement Company, and Qassim Cement Co. The …

Riyadh – Mubasher: Arabian Cement announced turning to a profit in the first quarter of 2019, compared to net losses in the year-ago period. The Saudi cement producer reported net profits of SAR 37.1 million in Q1-19, against SAR 6.1 million in …