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Saudi Cement Company Achieves Net Profits Totalling SR 535.5 Mn. in 2nd.Half of 2013  Join our daily free Newsletter

MENAFN - Qatar News Agency - 10/02/2014

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(MENAFN - Qatar News Agency) Saudi Cement Company (SCC) achieved net profits amounting to SR 535.5 million in the second half the year, 2013.

The SCC said in a statement issued today that the Company pointed out that dividends per share within 6 months amounted to SR 3.5, an equivalent of 35% of the share's nominal value

It is noted Saudi Cement Company (SCC) is a Saudi Joint Stock Company established in 1955

The principal object of the company is to produce cement, cement products and invest in cement related fields

SCC operates two cement plants in the Eastern Province of Saudi Arabia

The two plants namely Hofuf plant and Ain Dar plant, are about 35 km apart and are both at an approximately equal distance of around 120-130 km from King Abdul Aziz Port at Dammam

SCC started operation in 1961 where one kiln of 300 tons of clinker per day was inaugurated at the Hofuf plant.

 






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