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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
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
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
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 |
|---|
| 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 |
20/05/2025
Gulf Pharmaceutical Industries (Julphar) plans to invest Dh300 million over the next five years to expand its manufacturing base and localise advanced pharmaceutical technologies, CEO Basel Ziyadeh c
Gulfnews
20/05/2025
The Reserve Bank of India (RBI) has given an in-principle approval to UAE's Emirates NBD Bank PJSC to set up a wholly owned subsidiary (WOS) in India.
Emirates NBD is currently conducting co
Gulfnews
20/05/2025
Investcorp, a leading global alternative investment firm, on Monday announced that its infrastructure platform has signed a cooperation agreement to invest in a $550 million infrastructure project in
Khaleej Times
20/05/2025
Saudi-based Acwa Power, the world's largest private water desalination company, and a leader in energy transition and first mover into green hydrogen, has announced the signing of MoUs with US compan
Trade Arabia
20/05/2025
NMDC LTS, a business vertical of NMDC Group, a global leader in engineering, procurement, construction (EPC), and marine dredging services, has announced the signing of an MoU to explore the establis
Trade Arabia
Financial Information Co.
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