"However, upcoming relocation of its manufacturing facilities, accumulating inventory and higher capex requirements are a few challenges for the company in the near future," Al Rajhi Capital added. The report issuer added that it maintained "neutral" on Yamama Cement's stock, …
Yamama Cement Sign In Riyadh Medina Jeddah Mecca Fajr 3:37 am Sunrise 5:08 am Dhuhr 11:57 am Asr 3:18 pm Maghrib 6:46 pm Isha 8:16 pm
relocating the company's cement factory to Riyadh's outskirts; the continuation of the payment level is in doubt. Based on our earnings forecast, Yamamah Cement is trading at a PE multiple of 10.5x for FY16E, with an expected dividend yield of about 6.9% (SAR 2.0 DPS). The last three-years mean PE multiple for the cement sector currently stands
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Relocating Yamama Cement 20 February 2017, Published under Cement News After years of planning, Yamama Cement Company has finally commenced the relocation of its cement manufacturing operations, moving production from inside the capital, Riyadh, to a new location some 80km from the city. As construction at the new site of two state-of-the-art ...
Description. The name "Yamama Saudi Cement Company" is derived from a famous and historical place in the central region. Yamama Cement was established in1961 by Prince Mohammed Bin Saud Al-Kabeer, mainly to manufacture and trade in cement in Riyadh, the capital of K.S.A. Yamama which is a shareholding company, is regarded as the oldest cement company in the central region and the third …
2014 Saudi Arabia, Yamama Cement Co. Raw material investigation for new cement plant. 2014 Nigeria, International Cement Company Ltd. ... 1994 Bizerte Cement Tunisia Relocation of Primary crusher. Gaborone Botswana Cement grinding plant 400'000 tpy. 1993 Hama Syria
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Relocating Yamama Cement . After years of planning, Yamama Cement Company has finally commenced the relocation of its cement manufacturing operations, moving production from inside the capital, Riyadh, to a new location some 80km from the city...
Yamama Cement 15 17 19 21 23 25 27 29 5000 5500 6000 6500 7000 7500 8000 Yamama Cement: 2Q2017 net income came with negative surprise at SAR 12.2mn (EPS; SAR 0.06), indicating a deviation of 74.0% from our estimate and 77.2% from the market consensus of SAR 53.3mn. The decline was mainly attributed to significant decline in revenue and lower ...
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Description. The name "Yamama Saudi Cement Company" is derived from a famous and historical place in the central region. Yamama Cement was established in1961 by Prince Mohammed Bin Saud Al-Kabeer, mainly to manufacture and trade in cement in Riyadh, the capital of K.S.A. Yamama which is a shareholding company, is regarded as the oldest cement company in the central region and the third …
As of Jan 2019, Yamama Cement has 5.3 million tons of inventory, which represents 133 percent of its last 12 month sales. "We believe that the company might witness few challenges in the near-term, given the relocation of facility, high capex requirement amid higher leverage position.
View live YAMAMA CEMENT CO chart to track its stock's price action. Find market predictions, 3020 financials and market news.
Is one of the leading cement companies in the Kingdom of Saudi Arabia. It was founded in 1381 AH by His Royal Highness Prince Mohammed bin Saud Al-Kabeer, may God have mercy on him, and started production in 1386 AH in one production line (oven number 1) with a capacity of 300 tons clinker / The company's first expansion was in 1392 AH with the addition of a second production line (kiln no. 2 ...
Yamama Cement, one of the oldest and largest cement companies in Saudi Arabia, is relocating its manufacturing facilities. Its production site is currently in Riyadh, but soon a new plant complex will go into operation 80km east of the capital. Its two production lines will have a total capacity of 6.6Mta of clinker and 7Mta of cement.
Saudi Arabia: Yamama Cement achieved a US$12.2m third quarter net profit in 2019. This compares with losses of US$12.3m in the corresponding three months of 2018. The company reported a 73% leap in revenues year-on-year to US$49.7m from US$28.7m.
Jan 10, 2017· Started in 1961 by Prince Sultan bin Mohammed bin Saud Al-Kabeer, mainly to manufacture and trade cement in Riyadh, the Yamama Cement Company is regarded as the oldest cement company in the central region, and the third largest in the entire kingdom. Yamama Cement Company, which is relocating its factory outside the boundaries of urban Riyadh ...
Yamama Saudi Cement reported a net profit of SR50.8 million ($13.5 million) during the first quarter of 2017, marking a fall of 66 per cent year-on-year (y-o-y), driven by a decline in operating ...
Yamama Cement Co. has decided to sell its old production lines number 1:5 ahead of moving to the new location, the company said in a bourse statement. The lines have a production capacity of 5,600 tons of clinker per day and are fully depreciated in the company's books. The decision will not have any impact on the company's liabilities and the financial impact will be disclosed later, the ...
Yamama Saudi Cement reported a net profit of SR50.8 million ($13.5 million) during the first quarter of 2017, marking a fall of 66 per cent year-on-year (y-o-y), driven by a decline in operating ...
Dividends cut for funding relocation Yamama has cut its DPS to SAR 0.50 (SAR 0.75 in 1Q2015) in 1Q2016, hence revise to SAR 2.00 for 2016E, yields 6.9%. 2016E P/E of 10.4x is cheaper to peers, Saudi Cement at 10.7x and Southern Cement at 11.1x. We continue to recommend Buy until we receive more clarity. Key Financials
Yamama has requested PEG to prepare an offer for engineering and consultancy services for a Greenfield cement production plant of two lines of 10'000 tpd clinker each to be located in the Riyadh Province, in Saudi and the relocation of the existing Line 7 to the new Plant site by the Turnkey Contractor once the 2 new lines are operational.
Yamama Cement Company (YCC), Saudi Arabia - Company information along with stock price and performance. Analysis including stock overview, quote, graphs, historical charts, share price, analyst recommendations, ratings and estimates, dividend yield, P/E ratio, ratios, upside, 52 week range, target price, EPS, stock news, key statistics, company financials and fundamentals including income ...
Relocating Yamama Cement . After years of planning, Yamama Cement Company has finally commenced the relocation of its cement manufacturing operations, moving production from inside the capital, Riyadh, to a new location some 80km from the city...
Oct 01, 2019· Yamama Cement selling old production lines; Yamama Cement selling old production lines Published on: 1 October 2019 . The company is moving to a new location ..To read the rest of this article, please login with your CW Group Single Sign-On first. If you do not already have a CW Group account, please register. production ;