Arabian Cement Company (ACC) News - Mubasher Info
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23 July 05:16 PM

Arabian Cement Company (ARCC)

Last update: 01:29 PM market time.
36.92
1.41
3.97%
Open 35.51
Previous Close 35.51
High 37.37
Low 35.75
Stock Statistics
Volume 3,527,162
Turnover 130,280,872.00
All data are 15 minutes late during market session

News

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1 June 10:50 AM Arabian Cement records higher profits in Q1-25; consolidated sales hit EGP 2.5bn
Cairo – Mubasher: Arabian Cement Company logged consolidated net profits after tax worth EGP 590.37 million in the first quarter (Q1) of 2025, an annual rise from EGP 152.64 million. The earnings per share (EPS) climbed to EGP 1.51 in Q1-25 from …
Financial Results
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18 March 10:53 AM IRSC inks power supply deal with Arabian Cement
Cairo – Mubasher: Arabian Cement Company has signed a 30-year power purchase agreement with  IRSC for renewable energy solutions to supply clean electricity generated from renewable sources. The deal covers the development, financing, …
Companies Investments
Photo Archive
13 November 2024 03:13 PM Arabian Cement records higher net profits in 9M-24; revenues hit EGP 6.3bn
Cairo – Mubasher: Arabian Cement Company posted higher consolidated net profits after tax at EGP 664.72 million in the first nine months (9M) of 2024, compared to EGP 500.25 million in 9M-23. The sales reached EGP 6.38 billion as of 30 September …
Financial Results
Photo Archive
15 August 2024 09:00 AM Arabian Cement’s consolidated sales exceed EGP 3.1bn in H1-24
Cairo – Mubasher: Arabian Cement Company generated higher consolidated net profits at EGP 346.57 million in the first half (H1) of 2024, compared to EGP 337.09 million in H1-23. The company posted sales valued at EGP 3.14 billion in H1-24, down …
Financial Results
Photo Archive
29 May 2024 03:13 PM Arabian Cement posts lower consolidated profits in Q1-24
Cairo – Mubasher: Arabian Cement Company posted consolidated net profits after tax at EGP 152.64 million in the first quarter (Q1) of 2024, an annual drop from EGP 241.77 million. The revenues amounted to EGP 1.93 billion in the January-March 2024 …
Financial Results
Photo Archive
29 February 2024 01:51 PM Arabian Cement’s consolidated net profit records over EGP 697m in 2023
Cairo – Mubasher: The consolidated net profits after income tax of Arabian Cement Company surged to EGP 697.49 million in 2023 from EGP 358.98 million a year earlier. Net sales jumped to EGP 6.04 billion last year from EGP 4.67 billion in 2022, …
Financial Results
Photo Archive
23 November 2023 03:28 PM Arabian Cement to pay over EGP 99m dividends for 2022
Cairo – Mubasher: The board members of Arabian Cement Company approved cash dividends to shareholders valued at EGP 99.22 million for 2022. The EGX-listed firm will pay a dividend of EGP 0.26 per share, according to a bourse filing. Arabian Cement …
Cash Dividends
Photo Archive
19 November 2023 04:07 PM Arabian Cement’s consolidated profits cross EGP 500m in 9M-23
Cairo – Mubasher: The consolidated net profits attributable to the owners of Arabian Cement Company hiked to EGP 500.24 million in the first nine months (9M) of 2023 from EGP 262.26 million in 9M-22. Sales amounted to EGP 4.60 billion in 9M-23, …
Financial Results
Photo Archive
31 May 2023 03:25 PM Arabian Cement registers hike in Q1-23 net profits
Cairo – Mubasher: Arabian Cement Company posted consolidated net profits attributable to the owners amounting to EGP 241.77 million in the first quarter (Q1) of 2023, an annual leap from EGP 58.85 million. The net sales climbed to EGP 1.71 billion …
Financial Results
Photo Archive
23 February 2023 01:00 PM Arabian Cement's 2022 consolidated profits to owners hit EGP 359m
Cairo – Mubasher: Arabian Cement Company recorded an annual surge in consolidated net profits after tax attributable to the shareholders to EGP 358.98 million in 2022, versus EGP 34.18 million. Earnings per share (EPS) stood at EGP 0.93 in the …
Financial Results
Photo Archive
23 November 2022 04:13 PM Arabian Cement swings to consolidated profits in 9M-22
Cairo - Mubasher: Arabian Cement Company (ACC) turned profitable during the first nine months (9M) of 2022, gaining consolidated net profits of EGP 262.26 million, against net losses of EGP 23.21 million in the same period in 2021, including …
Financial Results
Photo Archive
17 November 2022 00:44 PM Arabian Cement swings to standalone profits in 9M-22; dividends proposed
Cairo - Mubasher: Arabian Cement Company (ACC) turned to standalone net profits of EGP 244.74 million during the first nine months (9M) of 2022, against net losses of EGP 24.53 million in the same period in 2021, including minority shareholders’ …
Cash Dividends
Photo Archive
7 November 2022 01:21 PM Arabian Cement pens amendment agreement with Amarenco SolarizEgypt
Cairo - Mubasher: Arabian Cement Company (ACC) has signed an amendment to its 2019 contract with Amarenco SolarizEgypt (ASE) to establish a solar photovoltaic (PV) plant at its Suez facility. EGX-listed ACC penned another solar power purchasing …
Macroeconomics
Photo Archive
11 September 2022 04:43 PM Shareholder raises stake in Arabian Cement for EGP 31m
Cairo - Mubasher: Shareholder Sadiq Ahmed Sadiq El Sewedy has increased his stake in Arabian Cement Co to 11.05% from 9.51%. Hence, the shareholder purchased 5.80 million shares at a total value of EGP 31.02 million, equivalent to an average price …
Companies Investments
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14 August 2022 11:10 AM Arabian Cement moves to profits in H1-22
Cairo - Mubasher: Arabian Cement Co turned profitable in the first half (H1) of 2022, gaining EGP 119.49 million in net earnings, versus net losses of EGP 23.28 million in H1-21, including minority shareholders’ rights Revenues during the …
Financial Results
Photo Archive
22 May 2022 00:24 PM Arabian Cement turns to profitability in Q1-22
Cairo - Mubasher: Arabian Cement Co has achieved net profits after tax of EGP 58.85 million in the first quarter (Q1) of 2022, against net losses of EGP 6.33 million in the year-ago period. The company's revenues hiked to EGP 1.06 billion in …
Financial Results
Sales declined to EGP 964.8 million in the January-June period
11 August 2021 04:33 PM Arabian Cement's loss swells 313% in H1-21
Cairo - Mubasher: The consolidated net losses of Arabian Cement Co widened by 313% to EGP 23.28 million in the first half (H1) of 2021, compared to EGP 5.63 million in H1-20, including minority shareholders' rights.  The cement producer's sales …
Financial Results
The cement producer expects its local sales to decrease by 26%
7 July 2021 01:59 PM Arabian Cement expects higher profit on output cut decision
Cairo - Mubasher: Arabian Cement Co clarified the impact of the Egyptian Competition Authority's (ECA) decision to reduce production in the local market on its business.  The cement producer expects its local sales to decrease by 26% and profits …
Financial Results
The cement producer is looking to generate EGP 2.5 billion in sales
22 September 2020 06:01 PM Arabian Cement Co expects EGP 50m losses by 2020-end
Cairo – Mubasher: Arabian Cement Co expects EGP 50 million in losses by the end of 2020 if the current challenges facing the sector are not addressed. In addition, the cement producer is looking to generate EGP 2.5 billion in sales by the end of …
Financial Results
The company’s sales retreated to EGP 3.1 billion in 2019
27 February 2020 03:55 PM Arabian Cement’s profit drops 87.5% in 2019
Cairo – Mubasher: Arabian Cement Co. reported an 87.5% year-on-year profit decline during 2019, the company’s consolidated financial statement showed. The cement producer’s net profits sank to EGP 28.93 million last year from EGP 231.64 million in …
Financial Results
The firm will distribute EGP 0.47 per share
2 December 2019 00:24 PM Arabian Cement's shareholders nod to EGP 178m dividend for 2018
Cairo – Mubasher: The ordinary general meeting (OGM) of Arabian Cement Co. approved the recommended total cash dividend distribution of EGP 178 million for the previous fiscal year 2018.  The distribution is equivalent to EGP 0.47 per share, …
Company News
The cement producer logged a net profit of EGP 231.6 million in 2018
19 November 2019 01:30 PM Arabian Cement Co’s board proposes EGP 0.47/shr dividend for 2018
Cairo – Mubasher: The board of directors of Arabian Cement Co. recommended a cash dividend distribution of EGP 0.47 per share for earnings of 2018. The board proposed to distribute a total cash dividend of EGP 178 million to shareholders for the …
Board of Directors
Net profits plummeted to EGP 32.9 million
17 November 2019 00:24 PM Arabian Cement’s profit sinks 85% in 9M
Cairo – Mubasher: Arabian Cement Co. reported an 85% year-on-year profit drop during the first nine months of 2019, according to the company's consolidated financial statement.  Net profits plummeted to EGP 32.9 million in the January-September …
Financial Results
The cement producer’s net profit plunged to EGP 25.3 million
20 August 2019 00:51 PM Arabian Cement’s profit drops 88% in H1-19
Cairo – Mubasher: Arabian Cement Co. recorded an 88% year-on-year profit decrease during the first half of 2019. The cement producer’s net profit plunged to EGP 25.3 million in the six-month period ended 30 June, compared to EGP 212.76 million in …
Financial Results
A total of 300,000 tonnes of petcoke will be supplied annually
31 July 2019 02:00 PM Arabian Cement, Egyptian Refining ink petcoke deal
Cairo – Mubasher: Arabian Cement Co. announced signing an agreement with the Egyptian Refining Company (ERC) concerning the supply of petroleum coke. Under the deal, 300,000 tonnes of petcoke will be supplied annually starting from July, according …
Companies Investments