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The Saudi cement sector is set to see signs of recovery as of H2 2018 with an expected increase in government spending, Aljazira Capital said.. The combined sales of Saudi cement companies fell 16 percent yearonyear (YoY) in January 2018 to million tons versus MT in
Aljazira Capital said that it expects inventory level to remain high for the upcoming quarters, given the current downtrend in cement sales and high competition in the sector. In addition to the construction slowdown and high inventory levels, a key risk cement firms face is higher interest expenses, following an increase in the Saudi Arabian Interbank Offered Rate (SAIBOR).
Saudi cement dispatches for August 2014 climbed to, an increase of per cent YoY and per cent MoM, AlJazira Capital has stated in a report citing the data issued by Yamam Cement Co. The YoY increase in dispatches is primarily due to the fact that part of Ramadan and the holiday season fell in August 2013.
Saudi Cement producers profits recover in 2Q19 02 August 2019, Published under Cement News Saudi Cement posted net income of (US) in 2Q19 and profits were up 59 per cent in the period compared to 2Q18, but declined by per cent compared to 1Q19. The company recorded cement sales of and received average prices of /t.
The cement dispatches have declined percent monthonmonth (MoM), and percent yearonyear (YoY) for April 2017 to million tons, due to continued weak demand, Aljazira Capital said
AlJazira Capital stated that, according to the data issued by Yamama Cement, the Saudi markets cement dispatches neared million tons in Nov. 2012, compared with million a year earlier, with a rise of %. The investment arm of Bank AlJazira
Aljazira Capital, the fund manager of Aljazira REIT Fund, said that Takhzeen Logistics Co., the tenant of the warehouse complex 3, bloc 10, defaulted on a number of rent payments.. Aljazira REITs board of directors approved the plan to bring a lawsuit against the tenant to fulfill its rent dues, and the litigation fees, Aljazira Capital said in a bourse filing on Sunday.
Saudi Cement Co. dispatches in 2016 decreased by lower rate compared to the market: The company showed a decline of %YoY in dispatches during 2016 as compared to the sector decline of %YoY. The company sales volume stood at compared to in 2015, while total cement dispatches declined from in 2015 to in 2016.
AlJazira Capital: Cement Dispatches October 2020 : 09/11/2020: Al Jazira Cap: KSA REITs Landscape 2020 : 15/10/2020: AlJazira Capital: Oil amp; Petrochemicals monthly report September 2020 13/10/2020: AlJazira Capital: Cement Sector Monthly Report Sep 2020 05/10/2020: AlJazira Capital: Saudi Stock Market Monthly Report Sep 2020
Aljazira Capital is a One Person Saudi Closed Joint Stock Company with Paid up Capital of SR 500,000, by the Saudi Arabian Capital Market Authority () in (22/07/2007) Commercial Registration No. . Date of commencement (2008/04/05). Head Office: King Fad Road Riyadh 11455, 20438, Saudi Arabia.
Aljazira Capital is a One Person Saudi Closed Joint Stock Company with Paid up Capital of SR 500,000, by the Saudi Arabian Capital Market Authority () in (22/07/2007) Commercial Registration No. .
LORE After posting decrease for three consecutive months, cement dispatches increased by per cent in June 2020 to million tonnes from million tonnes in June 2019, ending the fiscal year 201920 on a positive note.
Cement dispatches end year on a high note by Muhammad Yousuf. The Trapped Saviour: Cement Sector of Pakistan by Muhammad Yousuf June 12, 2020 June 12, 2020. Cement Sector. LUCK Mobilizing Public Capital for Growth Companies Fund Manager; EFERT Analyst Briefing Highlights;
Aljazira Capital is a Saudi Investment Company licensed by the Capital Market Authority (CMA), Yamamas cement dispatches went down by % QoQ to 1,693mn tonnes; Inventory level in June2012 stood at 109tonne, as compared to 47 tonne in March2011 and 1007tonne towards the end of June2011, depicting a fall of 77% QoQ and 89% YoY.
Saudi Cement Company lowering dispatches which grew by +2% Y/Y in first 5 months of 2015 ii) inventory balances are currently at million tons Riyad Capital is licensed by the Saudi Arabia Capital Market Authority (No. ) June 18, 2015. Saudi Cement Company
Spain: Total domestic cement consumption was in the first half of 2020, down by 17% yearonyear from in the first half of 2019. Interempresas News has reported that the coronavirus lockdown caused consumption in the period to decrease. June consumption rose by % to from 670,000t in June
Saudi cement demand will regain momentum when work on megaprojects such as the Red Sea and NEOM commence by 2019end, Aljazira Capital said in a report on Monday. quot;We expect cement sector to remain under pressure in FY 2019, continuing its decline dispatches.
AlJazira Capital stated that, according to the data issued by Yamama Cement, the Saudi markets cement dispatches neared million tons in Nov. 2012, compared with million a year earlier, with a rise of %. The investment arm of Bank AlJazira
Source: Company reports, Aljazira Capital Key Market Data Market Cap (bn) YTD % Shares Outstanding (mn) 52 Week High/ Low / Source: Company reports, Aljazira Capital Price Performance City Cement posted a net income of SAR, above our estimates of SAR, but lower than market consensus of SAR
sales volume stood at compared to in 2015, while total cement dispatches in sector declined from in 2015 to in 2016. Limited potential from lifted export ban on cement due to repayment of Aljazira Capital from sources believed to be reliable,
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