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, according to a bourse filing.

The board also formed its committees and named representatives to the Saudi Arabian Monetary Authority, the Saudi Exchange (Tadawul), and the Securities Depository Center (Edaa).

In 2023, Yamama posted a net profit of SAR 304.25 million generated through total sales of SAR 935.19 million.