Thursday 19 September 2019
 
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Saudi Cement

Saudi cement firms 'may see revenue drop in Q2'

Saudi Arabia’s cement sector is expected to witness a drop in revenue in the second quarter (Q2) of the year, according to a report released by Al Rajhi Capital, a leading financial services provider in the kingdom. The comp

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Saudi cement firms 'may see revenue drop in Q2'

Saudi Arabia’s cement sector is expected to witness a drop in revenue in the second quarter (Q2) of the year, according to a report released by Al Rajhi Capital, a leading financial services provider in the kingdom. The comp

More…

Saudi Cement, GE Power sign deal to upgrade turbines

Saudi Cement has signed an agreement with GE Power for the upgrade of three GE 6B gas turbines at its Hofuf plant to increase power output and efficiency. The deal represents the first time that GE Power’s Advanced Gas Path

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Saudi Cement, GE Power sign deal to upgrade turbines

Saudi Cement has signed an agreement with GE Power for the upgrade of three GE 6B gas turbines at its Hofuf plant to increase power output and efficiency. The deal represents the first time that GE Power’s Advanced Gas Path

More…

Saudi Cement, GE in gas turbine upgradation deal

Saudi Cement, a regional pioneer in the manufacture and supply of clinker and cement, has signed an agreement with GE Power for the upgradation of three 6B gas turbines at its plant in Hofuf region of the kingdom. The deal represe

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Saudi Cement, GE in gas turbine upgradation deal

Saudi Cement, a regional pioneer in the manufacture and supply of clinker and cement, has signed an agreement with GE Power for the upgradation of three 6B gas turbines at its plant in Hofuf region of the kingdom. The deal represe

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Saudi cement sales continue decline in August

Saudi Arabia’s cement sector continued to remain under pressure with total cement sales volume declining 16 per cent year-on-year (y-o-y) to 3.7 million tons in August, posting 12th y-o-y decline in last 13 months, a report said.

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Saudi Cement net profit down 37pc in Q1

Saudi Cement has registered a 37 per cent drop in its net profit for the first quarter which fell to SR165 million ($44 million) from SR265 million ($70.5 million) last year owing to the drop in sales volume and sale price as a result of slugg

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Saudi Cement net profit down 37pc in Q1

Saudi Cement has registered a 37 per cent drop in its net profit for the first quarter which fell to SR165 million ($44 million) from SR265 million ($70.5 million) last year owing to the drop in sales volume and sale price as a result of slugg

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Saudi Cement Q2 net profit slips 2pc

Saudi Cement met analysts' estimates as it reported a 2 per cent decline in second-quarter net profit on Monday due to a drop in sales and rising power costs. One of the kingdom's largest cement firms by market value, it m

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