Yamama Cement Co (3020)

Riyadh – Mubasher: Yamama Cement Company’s board of directors appointed a new Chairman and Vice Chairman. The new Chairman is Prince Naif bin Sultan bin Mohammed bin Saud Al Kabir, while the Vice Chairman is Abdullah bin Abdulrahman Al Obeikan, …

Riyadh – Mubasher: Yamama Cement Company has received Sharia-aligned banking facilities over three tranches from Alinma Bank at a total value of SAR 800 million. The largest long-term funding is worth SAR 500 million and holds a duration of 10 …

Riyadh – Mubasher: The shareholders of Yamama Cement Company greenlighted cash dividends amounting to SAR 202.50 million for 2023. The company will disburse SAR 1 per share for eligible shareholders on 1 April 2024, according to a bourse filing. …

Riyadh – Mubasher: Yamama Cement Company reported a 14.49% year-on-year (YoY) decrease in net profit to SAR 304.25 million in 2023 from SAR 355.79 million. The earnings per share (EPS) amounted to SAR 1.50 in 2023, a decline from SAR 1.76 in the …

Riyadh – Mubasher: Gas Arabian Services Company inked an agreement with Yamama Cement Company at a value of SAR 35.30 million on 11 February 2024. The joint deal covers the procurement and construction of a gas pipeline as well as fuel supply for …

Riyadh – Mubasher: Yamama Cement Company recorded 13.46% year-on-year (YoY) higher net profits after Zakat and tax at SAR 251.49 million in the first nine months (9M) of 2023, versus SAR 221.64 million. The earnings per share (EPS) amounted to SAR …

Riyadh – Mubasher: Yamama Cement Company achieved SAR 210.70 million in net profit after Zakat and tax during the first half (H1) of 2023, an annual leap of 75.13% from SAR 120.31 million. During the six-month period that ended on 30 June 2023, …

Riyadh – Mubasher: Yamama Cement Company posted an annual leap of 279.52% in net profit after Zakat and tax to SAR 112.39 million during the first quarter (Q1) of 2023, versus SAR 29.61 million. The Saudi firm generated revenues worth SAR 283.15 …

Riyadh – Mubasher: The shareholders of Yamama Cement Company approved the board’s recommendation to disburse SAR 202.50 million as cash dividends for 2022. The firm will pay out SAR 1 per share, equivalent to 10% of the share nominal value, on 9 …

Riyadh – Mubasher: Yamama Cement Company recorded net profits after Zakat and tax worth SAR 355.79 million in 2022, an annual hike of 131.54% from SAR 153.66 million. Revenues amounted to SAR 1.02 billion in the January-December 2022 period, up …

Riyadh – Mubasher: Yamama Cement Company achieved net profits after Zakat and tax of SAR 221.64 million in the first nine months (9M) of 2022, higher by 28.47% than SAR 172.52 million in 9M-21. The firm posted revenues worth SAR 684.23 million in …

Riyadh – Mubasher: Yamama Cement Company witnessed an annual decrease of 9.23% in net profit after Zakat and tax to SAR 120.31 million during the first half (H1) of 2022 from SAR 132.55 million. The earnings per share went down to SAR 0.59 in …

Riyadh – Mubasher: Yamama Cement Company has reported a 46.02% decline in its interim net profits after Zakat and tax to SAR 29.61 million in the first quarter (Q1) of 2022 from SAR 54.87 million in the year-ago period. The company generated …

Riyadh – Mubasher: Yamama Cement Company has signed a Sharia-compliant financing agreement worth SAR 1.66 billion with Saudi National Bank (SNB). The loan comprises a long-term financing that is valued at SAR 800 million and holds a 8-year …

Riyadh – Mubasher: Yamama Cement Company's net profits after Zakat and tax fell by 60.39% to SAR 160.59 million in 2021 from SAR 405.54 million a year earlier. The company generated revenues of SAR 735.84 million last year, down 23.02% compared to …

Riyadh – Mubasher: Yamama Cement Company posted a plunge of 58% in net profits after Zakat and tax to SAR 39.97 million during the third quarter (Q3) of 2021 from SAR 95.31 million in Q3-20. Revenues also decreased by 31.6% to SAR 170.66 million …

Riyadh – Mubasher: Yamama Cement Company achieved net profits after Zakat and tax of SAR 132.55 million during the first half (H1) of 2021, down 24% from SAR 174.8 million in H1-20. Earnings per share stood at SAR 0.65 in H1-21, compared to SAR …

Riyadh – Mubasher: Yamama Cement Company decided to relocate and install its seventh production line from the old plant in South of Riyadh to Northern Halal in Al Kharj, according to a bourse disclosure on Tuesday. The current production capacity …

Riyadh – Mubasher: Yamama Cement Company announced the new board of directors for the new session starting 29 March 2021, with Turki bin Mohammed bin Abdulaziz bin Turki Al Saud being the Chairman of the board. Nayef bin Sultan bin Mohammed bin …

Riyadh – Mubasher: Yamama Cement Company has signed a Sharia-compliant financing agreement with Al Rajhi Bank with a total value of SAR 863 million, including a SAR 563 million long-term facility and SAR 300 million in short-term financing. The …

Riyadh – Mubasher: Yamama Cement Company reported net earnings of SAR 363.3 million for 2020, compared with SAR 256.3 million a year earlier. This represents a 41.7% year-on-year (YoY) growth, attributed to higher sales and other income, according …

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: The net earnings of Yamama Cement Company stood at SAR 77.7 million in the third quarter (Q3) of 2020, a surge of 42% when compared to SAR 54.7 million in the same quarter in 2019. The leap in the interim profits was supported …

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, …

Riyadh – Mubasher: Yamama Cement Company’s net profits slid by 10% in the second quarter (Q2) of 2020 to total SAR 47.85 million when compared to SAR 53.17 million in Q2 of last year. Year-on-year (YoY), revenues went down by 2.21% to stand at SAR …