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.
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
