1. The net profit for the second quarter reached SR 262 million compared to SR 239 million for the same quarter of previous year, an increase of 9.62%, against a net profit of SR 284 million for the first quarter of 2012, representing a decrease of 7.75%. 2. The gross profit during the second quarter […]
The Board of Directors of the Southern Province Cement Company suggested the distribution of partial dividends of the first half of the financial year 2012 at the rate of SR (3) per share, an amount of SR (420) million, representing (30%) of the company’s capital. The entitlement of the distributed dividends will be for those
1. The estimated net profit for the second quarter reached SR 262 million compared to SR 239 million for the same quarter of previous year, an increase of 9.62%, against a net profit of SR 284 million for the first quarter of 2012, representing a decrease of 7.75%. 2. The estimated gross profit during the
HH Prince Abdullah bin Mosa’ad bin Abdulrahman Al- Saud, Chairman, in witness of the Directors, has signed a contract with Mr. Wu Shoufu, President of Sinoma International Engineering Company Ltd., for the execution of the third production line in Tahama Plant. The event took place on the afternoon of this Wednesday 9/7/1433h corresponding to 30/5/2012.
Referring to the company’s announcement on 20/6/2011 regarding the operation of the third mill in Jazan Cement Plant within (10) months from the date the contract was signed on 19/6/2011, the company announces that the said project shall be delayed for (5) months for reasons beyond the company’s control, as the manufacturing company (Christian Pfeiffer)
1. The net profit for the first quarter reached SR 284,329,530 compared to SR 225,875,498 for the same quarter of previous year, an increase of 25.88%, against a net profit of SR 251,001,067 for the fourth quarter of 2011, representing an increase of 13.28%. 2. The gross profit during the first quarter was SR 300,739,378
1. The estimated net profit for the first quarter reached SR 279,836,000 compared to SR 225,875,498 for the same quarter of previous year, an increase of 23.89%, against a net profit of SR 251,001,067 for the fourth quarter of 2011, representing an increase of 11.49%. 2. The estimated gross profit during the first quarter was
Southern Province Cement Company in Abha is pleased to announce the results of its 35th General Assembly, which was held on the announced time, on the afternoon of Tuesday 27/4/1433h, corresponding to 20/3/2012, the following decisions were taken: 1.The contents of the Board of Director’s annual report were approved. 2.The company budget as of 31/12/2011,
Southern Province Cement Company announces the results of its 35th General Assembly قراءة المزيد »
Further to its announcement dated 11/2/2012, Southern Province Cement Company announces starting the commercial production of the second line in Tahama plant on 1/3/2012. The production has reached 5,000 tons/day by now, which matches the nominal capacity as per the contract. With this, the production of Tahama plant has increased to reach 10,000 tons/ day.
Southern Province Cement Company is pleased to invite the shareholders who own 20 shares and more to attend the 25th General Assembly Meeting in the grand hall in its head office in Abha, (King Fahad Road), at 16:00 hrs of Tuesday 27/4/1433h, corresponding to 20/3/2012, to look into the following agenda: 1.To approve the contents
