31/03/2014 22:07 AST

SFC issued a new report covering the Saudi Cement sector on 30 March 2014. The report fully covered listed Cement equity, with a new Buy recommendation for Tabuk Cement, maintained the Buy recommendation for Ha'il and Arabiya Cement companies, and upgraded AlQassim Cement from Maintain to Buy.

The report highlighted fuel allocation to Cement companies as the main barrier for earnings growth, meanwhile producers operate at maximum utilization levels. It anticipates volume recovery during 1st Quarter 2014 following the lows witnessed in November 2013. Furthermore, SFC estimates total profit for the sector during 1st quarter 2014 around SAR 1.5 Billion, marking 15% growth from the same period 2013.


CPI Financial

TACCO Realizes Net Profit of SR 45.50 Million for the 4Q 2012

17/01/2013

TABUK CEMENT COMPANY ANNOUNCES THE INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDING AT 31/12/2012:(12MONTHS)

1.Realized Net Profit of SR 45.50 Million for the 4Q 2012 compared to SR 28.00 M

Tadawul

Tabouk Cement announced the distribution of SR 81 million

26/07/2012

On July 25, 2012 Board of Directors of Tabouk Cement Company decided the distribution of SR 81 million in cash dividends (SR 0.90 per share) or 9 percent of paid-up capital for first half of 2012.

Gulfbase.com

Tabouk Cement profit up

15/04/2010

Tabouk Cement Co. said Wednesday its first-quarter 2010 net profit inched up to SR34.02 million ($9.1 million) from SR33.5 million in the same period last year on higher sales.

First-quarter

Agencies

Ticker Price Volume
TCC Sector Market
P/E
Price/BookValue
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
SABIC 62.90 -0.80 (-1.26%)
MAADEN 44.05 -2.25 (-4.86%)
SABICAGRINUTRIENTS 104.00 -2.00 (-1.89%)
MARBLEDESIGN 75.00 0.00 (0.00%)
LIMEINDUSTRIES 14.00 0.00 (0.00%)
Samsung, Acwa in race for 2,400MW Oman power project

04/04/2025

Oman's Nama Power & Water Procurement Company has announced that it has received bids from 12 major utility project developers for two of its key projects - Misfah IPP within Muscat Governorate and D

Trade Arabia

Crescent Petroleum and Dana Gas reach key production milestone at Iraqi gas field

04/04/2025

Dana Gas, the Middle East's leading publicly listed regional natural gas company, and its partner Crescent Petroleum, the oldest private oil and gas company in the Middle East, together with their pa

Khaleej Times

Taqa and EWEC sign power purchase agreement for 1GW of new advanced generation capacity

04/04/2025

Abu Dhabi National Energy Company PJSC (Taqa), one of the largest listed integrated utility companies in Europe, the Middle East and Africa, together with Emirates Water and Electricity Company (EWEC

Khaleej Times

Oman Cables 2024 net profit up 19.5pc; sales soar to $697m

03/04/2025

Oman Cables Industry (OCI), a leading cable solutions provider in the sultanate, has announced that it has delivered solid results for yet another year with its sales turnover for 2024 soaring to RO2

Trade Arabia

Agility posts solid results for 2024; revenue soars to $5bn

03/04/2025

Agility, a supply chain services, infrastructure and innovation company based in Kuwait, has delivered solid results for FY 2024 with KD1.53 billion ($5 billion) in revenue as its operating entities

Trade Arabia