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.
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
1. The estimated net profit for the third quarter reached SR 201 million compared to SR 180 million for the same quarter of previous year, an increase of 11.67%, against SR 262 million for the second quarter of 2012, representing a decrease of 23.02%. 2. The estimated gross profit during the third quarter was SR
Further to the companys announcement on 30.5.2012 regarding the signing of the contract of the execution of the third production line in Tahama plant with Sinoma International Company with a value of (180) million dollars, equaling to (707) million Saudi Riyals, to execute a complete third line, the company hereby announces that the letter of
Further to the company’s announcement on 29/4/2012 regarding the delay of the operation of the third mill in Jazan plant, the company announces the delay of the project for further (4) months for reasons beyond its control, as the manufacturing company (Christian Pfeiffer) has delayed the approval of the civil drawings and the shipment of
HH prince Abdullah bin Mosa’ad bin Abdulrahman Al- Saud, the chairman of Southern Province Cement Company, in the presence of the directors, has signed a contract with the deputed director of Wartsilla Power Contracting Company of Finland for the execution of the expansion of the power station in Jazan plant by adding four diesel units,
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.
