Please wait...
GulfBase Live Support
Leave a message and our representative will contact you soon
- Saudi Arabia surpasses $1bn sukuk milestone with May issuance
- Foreign Investment Creates over 39,000 Jobs Annually in Saudi Arabia
- Commercial Bank partners Qatar Airways Privilege Club to reward international transfers
- AD Ports, Advario eye green energy, liquid bulk storage JV
- 11 GCC IPOs raise $1.6bn, strong momentum in Saudi Arabia
- e& UAE launches region's first commercial 5G network slicing for businesses
- Inside, outside, or exempt? Tax implications of the movement of goods in UAE free zones
- Bahrain All Share Index, Islamic Index close higher
- Tawoos Group acquires NMC Oman
- GCC projects pipeline remains strong despite Q1 dip
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 |
|---|---|---|
| MAADEN | 53.10 | 1.70 (3.30 |
| SABIC | 59.10 | -0.20 (-0.34 |
| SABICAGRINUTRIENTS | 96.70 | -0.90 (-0.93 |
| MARBLEDESIGN | 65.80 | -1.20 (-1.80 |
| APICO | 57.50 | 0.00 (0.00 |
21/05/2025
AD Ports Group, a leading facilitator of global trade, logistics, and industry, has signed a Head of Terms Agreement with Advario, a leading global provider of tank storage and infrastructure solutio
Trade Arabia
21/05/2025
Commercial Bank has partnered with Qatar Airways Privilege Club to reward Commercial Bank customers with bonus Avios for international transfers made through the CBQ Mobile App and Internet Banking.
Gulf Times
21/05/2025
e& UAE has rolled out the region's first commercial 5G network slicing service, offering tailored connectivity to business customers via its advanced standalone 5G network.
The launch marks
Gulfnews
21/05/2025
Saudi Awwal Bank (SAB), one of the leading banks in the Kingdom of Saudi Arabia and HSBC, the global banking and financial services organisation, have together been awarded the Middle East and Asia C
Saudi Gazette
21/05/2025
Hana Al Rostamani, Group CEO at First Abu Dhabi Bank, has been ranked as the most powerful woman in business in the GCC, according to Fortune magazine's latest list.
Along with Al Rostamani,
Khaleej Times
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia