Eastern Province Cement Co (3080)

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News

3 November 2025 01:09 PM Eastern Province Cement’s net profits drop 13% in 9M-25

Riyadh - Mubasher: Eastern Province Cement Company posted 12.97% lower net profits at SAR 161 million in the first nine months (9M) of 2025, compared to SAR 185 million in 9M-24. Revenues rose by 5.21% year-on-year (YoY) to SAR 908 million as of …

Financial Results

29 October 2025 08:09 AM Eastern Cement secures SAR 300m financing from SIDF

Riyadh - Mubasher: Eastern Province Cement Company inked a SAR 300 million financing contract with the Saudi Industrial Development Fund (SIDF) on 26 October. The funds will support the construction of a new production line at the company’s plant, …

Companies Investments

4 August 2025 07:20 AM Eastern Province Cement unveils lower profits in H1-25, dividends

Riyadh – Mubasher: Eastern Province Cement Company logged net profits valued at SAR 125 million in the first half (H1) of 2025, down 6.71% year-on-year (YoY) from SAR 134 million. Revenues amounted to SAR 609 million as of 30 June 2025, an annual …

Cash Dividends

5 May 2025 09:32 AM Eastern Province Cement achieves SAR 62m profits in Q1-25

Riyadh – Mubasher: Eastern Province Cement Company registered 21.51% year-on-year (YoY) lower net profits at SAR 62 million in the first quarter (Q1) of 2025, compared to SAR 79 million Earnings per share (EPS) hit SAR 0.72 as of 31 March 2025, …

Financial Results

26 March 2025 06:56 PM Eastern Province Cement records 26.5% higher profits in 2024; dividends for H2 unveiled

Riyadh – Mubasher: Eastern Province Cement Company generated SAR 248 million in net profit during 2024, up 26.53% year-on-year (YoY) from SAR 196 million. The revenues increased by 21.59% to SAR 1.21 billion last year from SAR 996 million in 2023, …

Financial Results

6 August 2024 09:59 AM Eastern Province Cement logs SAR 128m profits in H1-24; dividends unveiled

Riyadh – Mubasher: Eastern Province Cement Company posted a 19.62% year-on-year (YoY) leap in net profit to SAR 128 million during the first half (H1) of 2024, compared to SAR 107 million. The revenues amounted to SAR 585 million in H1-24, marking …

Cash Dividends

6 May 2024 01:10 PM Eastern Province Cement sees 21.5% higher profits in Q1-24

Riyadh – Mubasher: Eastern Province Cement Company increased by 21.42% year-on-year (YoY) to SAR 68 million in the first quarter (Q1) of 2024 from SAR 56 million. The Saudi firm posted revenues amounting to SAR 302 million in the January-March …

Financial Results

20 March 2024 05:55 PM Eastern Province Cement secures SAR 1bn loan from Banque Saudi Fransi

Riyadh – Mubasher: Eastern Province Cement Company obtained credit facilities at an amount of SAR 1 billion from Banque Saudi Fransi on 20 March 2024. The loan will be used for establishing a new production line in the company’s plant site with a …

Companies Investments

11 March 2024 11:53 AM Eastern Province Cement’s board nods to SAR 86m dividends

Riyadh – Mubasher: The board of directors of Eastern Province Cement Company has approved the distribution of SAR 86 million, or SAR per share, in cash dividends for the second half (H2) of 2023. The eligibility date is 17 March 2024 and the …

Board of Directors

10 March 2024 06:44 PM Eastern Province Cement’s net profit leaps 39% YoY in 2023

Riyadh – Mubasher: Eastern Province Cement Company reported a 38.46% year-on-year (YoY) surge in net profit to SAR 198 million in 2023 from SAR 143 million. The company’s sales jumped 25.64% YoY to SAR 985 million last year from SAR 784 million, …

Financial Results

29 February 2024 06:12 PM Eastern Province Cement inks $270.5m contract with China’s Sinoma CDI

Riyadh – Mubasher: Eastern Province Cement Company signed the Fifth Line project contract with leading Chinese cement company Sinoma CDI, valued at $270.52 million. The project will have a production capacity of 10,000 tonnes of clinker per day, …

Companies Investments

5 February 2024 00:48 PM Eastern Province Cement appoints Chairman, Vice Chairman

Riyadh – Mubasher: Eastern Province Cement Company has named Mohammed Saad Butti Al Farraj as the Chairman of the board for four years. Ibrahim Salem Mohammed Al Ruwais was announced as the Vice Chairman, according to a bourse filing. The two …

Corporate Actions

7 January 2024 03:14 PM Eastern Province Cement awards $270.5m project contract to Sinmoa CDI

Riyadh – Mubasher: Eastern Province Cement Company obtained the board’s approval to build a new production line with a daily capacity of 10,000 tonnes at a value of $270.52 million. The company plans to replace some of the low-efficiency …

Companies Investments

8 November 2023 08:27 PM Eastern Province Cement’s net profit grows 56% in 9M-23

Riyadh – Mubasher: Eastern Province Cement Company achieved a net profit after Zakat and tax of SAR 148 million in the first nine months (9M) of 2023, up by 55.79% from SAR 95 million in the same period of 2022. The earnings per share (EPS) rose …

Financial Results

11 May 2023 04:14 PM Eastern Province Cement witnesses 115.5% higher profits in Q1-23

Riyadh – Mubasher: The net profits after Zakat and tax of Eastern Province Cement Company hiked by 115.38% to SAR 56 million in the first quarter (Q1) of 2023 from SAR 26 million in Q1-22. The Saudi firm registered SAR 237 million in revenue …

Financial Results

20 March 2023 05:05 PM Eastern Province Cement generates SAR 143m profits in 2022; dividends unveiled

Riyadh – Mubasher: Eastern Province Cement Company logged net profits after Zakat and tax worth SAR 143 million in 2022, an annual decrease of 25.91% from SAR 193 million. Meanwhile, the revenues amounted to SAR 784 million during the …

Cash Dividends

25 October 2022 04:57 PM Eastern Province Cement’s profits down to SAR 91m in 9M-22

Riyadh – Mubasher: Eastern Province Cement Company reported a 42.77% plunge in net profit after Zakat and tax to SAR 91 million during the first nine months (9M) of 2022, versus SAR 159 million in 9M-21. Revenues plummeted by 11.20% year-on-year …

Financial Results

7 August 2022 10:40 AM Eastern Province Cement to pay SAR 86m dividends for H1-22

Riyadh – Mubasher: The board of Eastern Province Cement Company announced a cash dividend distribution worth SAR 86 million for the first half (H1) of 2022. The Saudi firm will disburse SAR 1 per share, representing 10% of the share’s nominal …

Cash Dividends

23 May 2022 05:23 PM Eastern Province Cement to pay SAR 2.5/shr dividend for 2021

Riyadh – Mubasher: The shareholders of  Eastern Province Cement Company have granted their green light for a cash dividends’ distribution of SAR 2.50 per share for both the first half (H1) of 2021 as well as H2-21. The Saudi firm will pay a total …

General Assembly

11 May 2022 11:19 AM Eastern Province Cement's profits decline 52% in Q1-22

Riyadh – Mubasher: The net profits after Zakat and tax of Eastern Province Cement Company plunged by 51.66% to SAR 29 million in the first quarter (Q1) of 2022 from SAR 60 million in the year-ago period. The company generated revenues of SAR 161 …

Financial Results

14 March 2022 05:46 PM Eastern Province Cement’s profits drop 7% in 2021; dividends announced for H2-21

Riyadh – Mubasher: Eastern Province Cement Company has registered net profits after Zakat and tax worth SAR 201 million in 2021, down 7.37% from SAR 217 million in 2020. The revenues soared by 2.15% year-on-year (YoY), reaching SAR 758 million in …

Board of Directors

4 August 2021 07:02 PM Eastern Province Cement’s H1-21 profits rise 5%

Riyadh – Mubasher: Eastern Province Cement Company registered net profits after Zakat and tax worth SAR 122 million in the first half (H1) of 2021, up 5% from SAR 116 million in H1-20. Earnings per share amounted to SAR 1.42 in H1-21, compared to …

Financial Results

2 August 2021 05:27 PM Eastern Province Cement announces SAR 120m dividends for H1-21

Riyadh – Mubasher: Eastern Province Cement Company will pay a cash dividend of SAR 1.4 per share, representing 14% of the share’s par value, for the first half (H1) of 2021. The total value of the dividends stands at SAR 120.4 million for 86 …

Cash Dividends

12 April 2021 06:04 PM Eastern Province Cement’s OGM nods to SAR 215m dividends for 2020

Riyadh – Mubasher: Eastern Province Cement Company said its ordinary general meeting (OGM) approved the board’s recommendation to pay 25% of the capital as cash dividends for 2020. The company will distribute SAR 2.5 per share at a total amount of …

Board of Directors

8 March 2021 05:18 PM NCB expects local cement sales in KSA to grow 3.5% in 2021

Riyadh – Mubasher: NCB Capital expected local cement sales in Saudi Arabia to increase by 3.5% annually in 2021 to 52.8 million tonnes.  “We believe the Saudi cement companies are well-positioned to further improve their payouts in 2021, (pay-out …

Macroeconomics