Al Jouf Cement Co (3091)

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News

3 July 03:10 PM Al Jouf Cement, Riyadh Development announce key appointments

Riyadh – Mubasher: Al Jouf Cement Company appointed Ahmed bin Mohammed Al Falih and Hani bin Sulaiman Al Saleh as the board’s Chairman and Vice Chairman, respectively.   The two officials will remain in position for the current board term that …

Board of Directors

18 May 04:29 PM Al Jouf Cement’s net losses deepen in Q1-25; revenues climb 7.5%

Riyadh – Mubasher: Al Jouf Cement Company recorded an annual hike of 162.92% in net loss to SAR 15.23 million during the first quarter (Q1) of 2025, compared to SAR 5.79 million. The revenues increased by 7.36% to SAR 68.49 million in Q1-25 from …

Financial Results

20 April 04:38 PM Al Jouf Cement turns to SAR 28m losses in 2024

Riyadh – Mubasher: Al Jouf Cement Company shifted to net losses valued at SAR 27.73 million in 2024, compared to net profits worth SAR 37.67 million a year earlier. Revenues declined by 4.75% to SAR 256.50 million in 2024 from SAR 269.28 million …

Financial Results

30 December 2024 05:59 PM Al Jouf Cement announces green product for NEOM projects

Riyadh – Mubasher: Al Jouf Cement Company was granted approval for its new product, Green Cement, for use in NEOM projects, according to a bourse disclosure. This comes after conducting extensive multi-development research with Asas Al Muhailb …

Companies Investments

20 November 2024 01:22 PM Al Jouf Cement inks deal with France-based Engie

Riyadh – Mubasher: Al Jouf Cement Company penned a 25-year agreement with France-based Engie Company on 19 November 2024, according to a bourse filing. The deal aligns with the Saudi Vision 2030 and the Saudi Green Initiative (SGI) to reduce …

Companies Investments

11 November 2024 04:53 PM Al Jouf Cement’s profits shrink to SAR 30.5m in 9M-24

Riyadh – Mubasher: Al Jouf Cement Company recorded 30.80% lower net profits at SAR 30.61 million in the first nine months (9M) of 2024, compared to SAR 44.24 million in 9M-23. Revenues amounted to SAR 234.93 million in 9M-24, up 7.98% from SAR …

Financial Results

21 August 2024 03:32 PM Al Jouf Cement obtains SAR 150m loan from Al Rajhi Bank

Riyadh – Mubasher: Al Jouf Cement Company penned a credit facilities agreement valued at SAR 150 million with Al Rajhi Bank on 19 August 2024. The Saudi company will use the loan to repay part of an existing financing and support its operations …

Companies Investments

11 August 2024 02:51 PM Al Jouf Cement records 43% higher profits in H1-24

Riyadh – Mubasher: Al Jouf Cement Company posted net profits valued at SAR 20.57 million in the first half (H1) of 2024, higher by 43.33% year-on-year (YoY) than SAR 14.35 million. The revenues hit SAR 160 million in H1-24, up 15.75% from SAR …

Financial Results

24 July 2024 00:45 PM Al Jouf Cement inks SAR 104m agreement for NEOM projects

Riyadh – Mubasher: Al Jouf Cement Company signed a SAR 104.19 million contract, on 23 July 2024, to sell cement to Webuild SpA for NEOM projects. The joint deal holds a tenor of 41 months from the date of signing, according to a bourse disclosure. …

Companies Investments

24 July 2024 11:30 AM Aljouf Cement reschedules SAR 154m Islamic facilities with Saudi Awwal Bank

Riyadh – Mubasher: Aljouf Cement Company has signed an agreement with Saudi Awwal Bank (SAB) to reschedule SAR 154.45 million Islamic facilities to support its operations. The company signed the agreement on 24 July 2024 for seven years ending in …

Banking and Finance

23 July 2024 05:37 PM Aljouf Cement reschedules facilities with Alinma Bank

Riyadh – Mubasher: Aljouf Cement Company has signed an agreement with Alinma Bank to reschedule Islamic facilities to support the cement manufacturer’s operations. The financing amount and rescheduled part financing value totals SAR 374 million, …

Banking and Finance

16 May 2024 05:23 PM Al Jouf Cement’s consolidated profit grows 21% YoY in Q1-24

Riyadh – Mubasher: The consolidated net profit of Al Jouf Cement Company leapt by 21.22% year-on-year (YoY) to SAR 12.45 million in the first quarter (Q1) of 2024 from SAR 10.27 million. Revenues increased by 16.75% YoY to SAR 82.04 million in …

Financial Results

16 April 2024 11:52 AM Al Jouf Cement announces liquidation of affiliate firm

Riyadh – Mubasher: Al Jouf Cement Company announced the start of the liquidation procedures of Eastern Industrial Company, an affiliate firm. Al Jouf currently holds a 10% stake in the company, with total investments amounting to SAR 136 million, …

Companies Investments

24 March 2024 02:17 PM Al Jouf Cement’s consolidated profit leaps 174% YoY in 2023

Riyadh – Mubasher: The consolidated net profit of Al Jouf Cement Company jumped 174.20% year-on-year (YoY) to SAR 84.71 million in 2023 from SAR 30.89 million. Revenues grew 19.70% YoY to SAR 301.48 million last year from SAR 251.86 million, …

Financial Results

9 January 2024 11:31 AM Al Jouf Cement pens SAR 30m deal with Jordanian firm

Riyadh – Mubasher: Al Jouf Cement Company inked a contract with Jordan-based Rabou’ Al Taybeh Company on 4 January 2024, according to a bourse filing. The deal covers the selling and exporting of clinker and holds a six-month duration period, …

Companies Investments

9 November 2023 04:42 PM Al Jouf Cement records 836.5% leap in 9M-23 net profits

Riyadh – Mubasher: The net profits after Zakat and tax of Al Jouf Cement Company enlarged by 836.43% to SAR 72.62 million in the first nine months (9M) of 2023 from SAR 7.75 million in 9M-22. The earnings per share (EPS) hit SAR 0.67 in 9M-23, …

Financial Results

15 August 2023 08:12 PM Al Jouf Cement’s net profits in H1-23 jump 2,299% on higher sales

Riyadh – Mubasher: Al Jouf Cement Company witnessed an annual leap of 2,299.12% in net profit after Zakat and tax to SAR 43.62 million during the first half (H1) of 2023, compared with SAR 1.81 million. The earnings per share (EPS) stood at SAR …

Financial Results

24 May 2023 08:33 AM Al Jouf Cement’s net profits leap 561% in Q1-23

Riyadh – Mubasher: Al Jouf Cement Company generated net profits after Zakat and tax valued at SAR 23.47 million in the first quarter (Q1) of 2023, an annual hike of 561.16% from SAR 3.55 million. The revenues amounted to SAR 70.27 million in …

Financial Results

1 March 2023 09:46 AM Al Jouf Cement swings to profits in 2022 initial results

Riyadh – Mubasher: Al Jouf Cement Company turned profitable at SAR 32.49 million in 2022, against net losses after Zakat and tax worth SAR 148.81 million in 2021. The Tadawul-listed firm posted revenues worth SAR 251.86 million in January-December …

Financial Results

26 October 2022 04:57 PM Al Jouf Cement’s profits shrink 74% in 9M-22 interim results

Riyadh – Mubasher: Al Jouf Cement Companylogged net profit after Zakat and tax worth SAR 7.75 million during the first nine months (9M) of 2022, an annual drop of 74% from SAR 29.82 million. The firm generated revenues of SAR 172.43 million in …

Financial Results

11 September 2022 09:46 PM Al Jouf Cement’s accumulated losses near 0% of capital

Riyadh – Mubasher: The accumulated losses of Al Jouf Cement Company plunged to SAR 113,599 as at the end of 2021, accounting for 0.01% of the capital. The lower accumulated losses followed a 23.98% capital cut to SAR 1.08 billion from SAR 1.43 …

Financial Results

30 August 2022 03:48 PM Al Jouf Cement’s shareholders nod to 24% capital cut

Riyadh – Mubasher: The shareholders of Al Jouf Cement Company have approved the board's recommendation to reduce its capital by 23.98%. The Tadawul-listed firm will decrease its capital by cancelling 34.30 million ordinary shares, equivalent to …

Board of Directors

28 August 2022 06:57 PM Al Jouf Cement posts lower profits in H1-22; accumulated losses hit SAR 341m

Riyadh – Mubasher: Al Jouf Cement Company reported a 92.92% plunge in net profit after Zakat and tax to SAR 1.81 million during the first half (H1) of 2022, compared to SAR 25.68 million in H1-21. Revenues amounted to SAR 98.29 million in the …

Financial Results

21 August 2022 05:42 PM Al Jouf Cement’s CEO resigns; Al Nuhair succeeds

Riyadh – Mubasher: Al Jouf Cement Company has announced the resignation of Jamal bin Salem Al Amer from his position as the company’s CEO starting from 21 August 2022. Abdul Karim bin Muhammad Al Nuhair will replace Al Amer, who resigned from his …

Management Decisions

19 July 2022 01:07 PM Al Jouf Cement’s Chairman resigns

Riyadh – Mubasher: Al Jouf Cement Company has announced the resignation of Mohammed bin Saeed Attia from his position as the Chairman of the board. Attia submitted his resignation on 18 July due to personal circumstances, yet it will be effective …

Board of Directors