Al Jouf Cement Co (3091)

Riyadh – Mubasher: Al Jouf Cement Company penned a credit facilities agreement valued at SAR 150 million with Al Rajhi Bank on 19 August 2024. The Saudi company will use the loan to repay part of an existing financing and support its operations …

Riyadh – Mubasher: Al Jouf Cement Company posted net profits valued at SAR 20.57 million in the first half (H1) of 2024, higher by 43.33% year-on-year (YoY) than SAR 14.35 million. The revenues hit SAR 160 million in H1-24, up 15.75% from SAR …

Riyadh – Mubasher: Al Jouf Cement Company signed a SAR 104.19 million contract, on 23 July 2024, to sell cement to Webuild SpA for NEOM projects. The joint deal holds a tenor of 41 months from the date of signing, according to a bourse disclosure. …

Riyadh – Mubasher: Aljouf Cement Company has signed an agreement with Saudi Awwal Bank (SAB) to reschedule SAR 154.45 million Islamic facilities to support its operations. The company signed the agreement on 24 July 2024 for seven years ending in …

Riyadh – Mubasher: Aljouf Cement Company has signed an agreement with Alinma Bank to reschedule Islamic facilities to support the cement manufacturer’s operations. The financing amount and rescheduled part financing value totals SAR 374 million, …

Riyadh – Mubasher: The consolidated net profit of Al Jouf Cement Company leapt by 21.22% year-on-year (YoY) to SAR 12.45 million in the first quarter (Q1) of 2024 from SAR 10.27 million. Revenues increased by 16.75% YoY to SAR 82.04 million in …

Riyadh – Mubasher: Al Jouf Cement Company announced the start of the liquidation procedures of Eastern Industrial Company, an affiliate firm. Al Jouf currently holds a 10% stake in the company, with total investments amounting to SAR 136 million, …

Riyadh – Mubasher: The consolidated net profit of Al Jouf Cement Company jumped 174.20% year-on-year (YoY) to SAR 84.71 million in 2023 from SAR 30.89 million. Revenues grew 19.70% YoY to SAR 301.48 million last year from SAR 251.86 million, …

Riyadh – Mubasher: Al Jouf Cement Company inked a contract with Jordan-based Rabou’ Al Taybeh Company on 4 January 2024, according to a bourse filing. The deal covers the selling and exporting of clinker and holds a six-month duration period, …

Riyadh – Mubasher: The net profits after Zakat and tax of Al Jouf Cement Company enlarged by 836.43% to SAR 72.62 million in the first nine months (9M) of 2023 from SAR 7.75 million in 9M-22. The earnings per share (EPS) hit SAR 0.67 in 9M-23, …

Riyadh – Mubasher: Al Jouf Cement Company witnessed an annual leap of 2,299.12% in net profit after Zakat and tax to SAR 43.62 million during the first half (H1) of 2023, compared with SAR 1.81 million. The earnings per share (EPS) stood at SAR …

Riyadh – Mubasher: Al Jouf Cement Company generated net profits after Zakat and tax valued at SAR 23.47 million in the first quarter (Q1) of 2023, an annual hike of 561.16% from SAR 3.55 million. The revenues amounted to SAR 70.27 million in …

Riyadh – Mubasher: Al Jouf Cement Company turned profitable at SAR 32.49 million in 2022, against net losses after Zakat and tax worth SAR 148.81 million in 2021. The Tadawul-listed firm posted revenues worth SAR 251.86 million in January-December …

Riyadh – Mubasher: Al Jouf Cement Companylogged net profit after Zakat and tax worth SAR 7.75 million during the first nine months (9M) of 2022, an annual drop of 74% from SAR 29.82 million. The firm generated revenues of SAR 172.43 million in …

Riyadh – Mubasher: The accumulated losses of Al Jouf Cement Company plunged to SAR 113,599 as at the end of 2021, accounting for 0.01% of the capital. The lower accumulated losses followed a 23.98% capital cut to SAR 1.08 billion from SAR 1.43 …

Riyadh – Mubasher: The shareholders of Al Jouf Cement Company have approved the board's recommendation to reduce its capital by 23.98%. The Tadawul-listed firm will decrease its capital by cancelling 34.30 million ordinary shares, equivalent to …

Riyadh – Mubasher: Al Jouf Cement Company reported a 92.92% plunge in net profit after Zakat and tax to SAR 1.81 million during the first half (H1) of 2022, compared to SAR 25.68 million in H1-21. Revenues amounted to SAR 98.29 million in the …

Riyadh – Mubasher: Al Jouf Cement Company has announced the resignation of Jamal bin Salem Al Amer from his position as the company’s CEO starting from 21 August 2022. Abdul Karim bin Muhammad Al Nuhair will replace Al Amer, who resigned from his …

Riyadh – Mubasher: Al Jouf Cement Company has announced the resignation of Mohammed bin Saeed Attia from his position as the Chairman of the board. Attia submitted his resignation on 18 July due to personal circumstances, yet it will be effective …

Riyadh – Mubasher: The Capital Market Authority (CMA) has approved the capital reduction requests of Red Sea International Company and Al Jouf Cement Company to offset accumulated losses. Red Sea International will reduce its capital from SAR 600 …

Riyadh – Mubasher: Al Jouf Cement Company has generated SAR 5.55 million in net profit after Zakat and tax during the first quarter (Q1) of 2022, down 73.55% from SAR 20.98 million in Q1-21. The company’s revenues stood at SAR 48.81 million in the …

Riyadh – Mubasher: Al Jouf Cement Company has submitted a request to the Capital Market Authority (CMA) for a SAR 343 million capital reduction. The Saudi listed firm noted that it will disclose any further details regarding the capital reduction …

Riyadh - Mubasher: The board of Al Jouf Cement Company has recommended a capital reduction by cancelling 34.30 million shares, equivalent to 0.24 shares for every one owned share, to offset accumulated losses worth SAR 343 million. The Saudi …

Riyadh – Mubasher: Al Jouf Cement Company and National Agricultural Development Company (Nadec) have announced their accumulated losses as of the end of 2021. Al Jouf Cement has incurred SAR 343 million in accumulated losses, driven by studies …

Riyadh–Mubasher: Al Jouf Cement Company has suffered net losses after Zakat and tax worth SAR 150.97 million in 2021, a 53.20% year-on-year (YoY) increase from SAR 98.54 million. The revenues declined by 10.11% to SAR 226.51 million in 2021 from …