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26/08/2012 16:03 AST
City Cement Co. issued today their
IPO prospectus, whereby the company plans to sell 50% of its capital, amounting to 94.6 million shares, at SR 10 per share. The IPO will start from September 10, 2012 until September 16, 2012.
Total paid-up capital of City Cement before the IPO is SR 946 million, and after IPO will be SR 1.89 billion.
The company is engaged in producing and selling of normal Portland cement and sulfur-resistant Portland cement. City Cement company has a production capacity of up to 5,000 tons of clinker per day, (1.6 million tons annually), which is equivalent to 1.75 million tons of cement annually after milling operations.
During the first half of 2012, the company's sales reached SR 264 million compared to SR 213.8 million for the same period of 2011, an increase of 23 percent, while net profit reached SR 160.4 million, an increase of 40 percent compared to SR 114.4 million of first half 2012.
Total Assets of City Cement at the end of June 2012 were SR 1.13 billion compared to 1.05 billion at the end of June 2012.
Gulfbase.com
15/04/2013
CITY CEMENT COMPANY ANNOUNCES ITS INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDED 31/03/2013 (THREE MONTHS):
1. The net profit for the first quarter reached SR 51.79 million compared to SR
Tadawul
15/01/2013
City Cement Company announces its interim consolidated financial results for the period ended 31/12/2012:
1. The net profit for the fourth quarter reached SR 43.51 million compared to SR
Tadawul
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| SABIC | 60.10 | -0.50 (-0.83 |
| MAADEN | 41.00 | 0.10 (0.24 |
| SABICAGRINUTRIENTS | 100.80 | -0.60 (-0.60 |
| MARBLEDESIGN | 78.90 | 3.90 (5.20 |
| LIMEINDUSTRIES | 12.50 | -0.06 (-0.48 |
10/04/2025
The Dubai-based Al Ansari Financial Services is now the GCC's biggest non-banking financial services company.
The DFM-listed Al Ansari - which also operates the UAE's biggest remittance firm
Gulfnews
10/04/2025
Kuwait-based real estate development company Mabanee and global hospitality major Hilton has announced the signing of an agreement for the development of its prime project - Hilton Kuwait Resort - th
Trade Arabia
10/04/2025
Beyon Cyber, part of the Beyon Group, has been recognized with three major accolades at the 2025 Cyber Security Excellence Awards, one of the industry's most renowned awards, voted on by the global c
Trade Arabia
10/04/2025
Estithmar Holding Q.P.S.C. announced the results of the ordinary and extraordinary general assembly meeting held on April 9, 2025, to elect 11 members for the Board of Directors of Estithmar Holding
Gulf Times
10/04/2025
Saudi Aramco has made a series of groundbreaking oil and gas discoveries in the Eastern Province and the Empty Quarter, further cementing Saudi Arabia's position as a global energy leader.
A
Arab News
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia