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Southern Province Cement Company announces the issuance of the policies, criteria and procedures of the Board Membership

Pursuant to the Capital Market Authority resolution No. 6802/4 dated 31/12/2013 which indicates the mandate of paragraph (D) of article (10) of the Corporate Governance Regulations effective 30/6/2013, the Board of Directors has approved the company’s corporate governance regulations on 20/3/2013. It includes the policies, criteria and procedures of the board membership. The said regulations […]

Southern Province Cement Company announces the issuance of the policies, criteria and procedures of the Board Membership قراءة المزيد »

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SOUTHERN PROVINCE CEMENT COMPANY ANNOUNCES ITS INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDED 31/3/2013 (THREE MONTHS)

1. The net profit for the first quarter reached SR 268,749,417 compared to SR 284,329,530 for the same quarter of previous year, a decrease of 5.48%, against SR 253,759,092 for the fourth quarter of 2012, an increase of 5.91%. 2. The gross profit during the first quarter was SR 283,222,820 compared to SR 300,739,378 for

SOUTHERN PROVINCE CEMENT COMPANY ANNOUNCES ITS INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDED 31/3/2013 (THREE MONTHS) قراءة المزيد »

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Southern Province Cement Company announces the results of the 36 General Assembly Meeting

Southern Province Cement Company is pleased to announce the results of the 36th General assembly meeting held on its declared date in the afternoon of Wednesday 8/5/1434h, corresponding to 20/3/2013. The following decisions were taken: 1-The contents of the Board of Director’s annual report were approved. 2-The company budget as of 31/12/2012, and the 2012

Southern Province Cement Company announces the results of the 36 General Assembly Meeting قراءة المزيد »

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SOUTHERN PROVINCE CEMENT COMPANY ANNOUNCES ITS ANNUAL FINANCIAL RESULTS FOR THE PERIOD ENDED 31/12/2012

1.The net profit reached SR 1,000,201,216 compared to SR 895,737,330 for the previous year, an increase of 11.66%. 2.The earnings per share (EPS) amounted to SR 7.14 against SR 6.40 for the previous year. 3.The gross profit reached SR 1,050,911,204 compared to SR 956,996,538 for the previous year, an increase of 9.81%. 4.The operating profit

SOUTHERN PROVINCE CEMENT COMPANY ANNOUNCES ITS ANNUAL FINANCIAL RESULTS FOR THE PERIOD ENDED 31/12/2012 قراءة المزيد »

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Southern Province Cement Company announces the commencement of the commissioning of the third mill in Jazan plant

Southern Province Cement Company announces commencing the commissioning of the third mill in Jazan plant effective the afternoon of Sunday 27.1.2013. It is expected that the commissioning period will be completed by 15.3.2013. Any future developments will be announced then.

Southern Province Cement Company announces the commencement of the commissioning of the third mill in Jazan plant قراءة المزيد »

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SOUTHERN PROVINCE CEMENT COMPANY ANNOUNCES ITS ANNUAL FINANCIAL RESULTS FOR THE PERIOD ENDED 31/12/2012 (TWELVE MONTHS)

1. The net profit for the fourth quarter of the year 2012 reached SR 254 million compared to SR 251 million for the same quarter of the previous year, an increase of 1.2%, against SR 200 million for the previous quarter, representing an increase of 27%. 2. The gross profit during the fourth quarter of

SOUTHERN PROVINCE CEMENT COMPANY ANNOUNCES ITS ANNUAL FINANCIAL RESULTS FOR THE PERIOD ENDED 31/12/2012 (TWELVE MONTHS) قراءة المزيد »

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SOUTHERN PROVINCE CEMENT COMPANY ANNOUNCES ITS ESTIMATED ANNUEL FINANCIAL RESULTS FOR THE PERIOD ENDED 31/12/2012 (TWELVE MONTHS)

1. The estimated net profit for the fourth quarter of the year 2012 reached SR 253 millioncompared to SR 251million for the same quarter of the previous year, an increase of 0.80%, against SR 200 millionfor the previous quarter, representing anincrease of 26.5%. 2. The estimated gross profit during the fourth quarter of the year

SOUTHERN PROVINCE CEMENT COMPANY ANNOUNCES ITS ESTIMATED ANNUEL FINANCIAL RESULTS FOR THE PERIOD ENDED 31/12/2012 (TWELVE MONTHS) قراءة المزيد »

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SOUHTHERN PROVINCE CEMENT COMPANY ANNOUNCES THE SUGGESTION OF ITS BOARD OF DIRECTORS TO DISTRIBUTE PARTIAL DIVIDENDS FOR THE SECOND HALF OF THE FINANCIAL YEAR 2012

The Board of Directors of the Southern Province Cement Company, in his meeting held on sunday 30/12/2012, has suggested the distribution of partial dividends of the second part of the financial year 2012 at the rate of SR (4)per share, representing (40%) of the company capital, the total distributed dividends for the second half will

SOUHTHERN PROVINCE CEMENT COMPANY ANNOUNCES THE SUGGESTION OF ITS BOARD OF DIRECTORS TO DISTRIBUTE PARTIAL DIVIDENDS FOR THE SECOND HALF OF THE FINANCIAL YEAR 2012 قراءة المزيد »

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SOUTHERN PROVINCE CEMENT COMPANY ANNOUNCES THE APPOINTMENT OF A NEW MEMBER IN ITS BOARD

Since the representative of the General Organization for Social Insurance in the board of the southern province cement company, Mr. Saad bin Abdulrahman Al- Rumaih will retire from his job, Mr. Abdulrahman bin Ibrahim Al-Arfaj has been appointed in the board as the representative of the General Organization for Social Insurance effective 1/1/2013.

SOUTHERN PROVINCE CEMENT COMPANY ANNOUNCES THE APPOINTMENT OF A NEW MEMBER IN ITS BOARD قراءة المزيد »

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SOUTHERN PROVINCE CEMENT COMPANY ANNOUNCES ITS INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDED 30/9/2012 (NINE MONTHS)

1. The net profit for the third quarter reached SR 200 millioncompared to SR 180 million for the same quarter of previous year, an increase of 11.11%, against SR 262 millionfor the second quarter of 2012, representing a decrease of 23.66%. 2. The gross profit during the third quarter was SR 206 million compared to

SOUTHERN PROVINCE CEMENT COMPANY ANNOUNCES ITS INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDED 30/9/2012 (NINE MONTHS) قراءة المزيد »

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