cement dispatches grew aljazira capital

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Cement sector set to recover in H2: Aljazira Capital

Nov 22, 2018· Cement deliveries in Saudi Arabia fell in October signalling the ongoing slowdown in the kingdom's construction sector. According to a report from AlJazira Capital, cement dispatches for October were 4.03 million tonnes (including exports), compared with 4.10 million tonnes in October 2017, which represents a 1.8 per cent year-on-year decline.

Cement: Ball in the court - BR Research - Business Recorder

Eastern Province Cement Co.'s net income of SAR 30.5 million in Q2 2020 came below Aljazira Capital's and consensus estimates of SAR 36.2 million and SAR 37 million, respectively, due to lower sales volume, the brokerage firm said in an earnings review. The report said cement sector will face some short-term challenges, impacting dispatches, however outlook is expected to improve in the ...

MEED | Saudi cement deliveries reflect ongoing slowdown in ...

Hail Cement Co. dispatches in 2016 underperformed the market: The company showed a decline of 21.2%YoY in dispatches during 2016 as compared to the sector decline of 9.4%YoY. The company sales volume stood at 1.39MT comparing to 1.77MT in 2015, while total cement dispatches decline from 61.44MT in 2015 to 55.66MT in 2016.

Domestic cement despatches grew by 3.54% in first six half ...

Cement Dispatches- grew @ 1.6% - Aljazira Capital. Saudi Arabia's cement dispatches increased by 5.8 percent year-on-year (YoY) to 5.74 million tons in January on continued growth in construction activ

cement dispatches News and Updates from The Economic Times ...

Saudi Cement Company ... lowering dispatches which grew by +2% Y/Y in first 5 months of 2015 ii) inventory balances are currently at 3.3 million tons ... Riyad Capital is licensed by the Saudi Arabia Capital Market Authority (No. ) June 18, 2015. Saudi Cement Company

Arabian - Al Safwa merger valued at SAR5-6bn - Report ...

Aljazira Capital is a Saudi Investment Company licensed by the Capital Market Authority (CMA), License No. ... KSA Cement Sector Result preview . 4Q-2012 Sector update • The Saudi cement sector as expected has shown a recovery in its dispatches after the slow Ramadan and Hajj holiday season. Over all dispatches have been going ...

Hail Cement Co. - Aljazira Capital

Saudi cement dispatches for August 2014 climbed to 3.96Mt, an increase of 29.8 per cent YoY and 47.8 per cent MoM, AlJazira Capital has stated in a report citing the data issued by Yamamah Cement Co. The YoY increase in dispatches is primarily due to the fact that part of Ramadan and the holiday season fell in August 2013.

Saudi August dispatches rise 29.8% YoY

Saudi cement demand will regain momentum when work on megaprojects such as the Red Sea and NEOM commence by 2019-end, Aljazira Capital said in a report on Monday. "We expect cement sector to remain under pressure in FY 2019, continuing its decline dispatches.

Saudi cement dispatches down in April: report

Cement dispatches totaled 2.4Mt, a 2.5% reduction. On the other hand, concrete sales remained stable at 1.4Mm3. The company reported that its Argos ONE digital platform continued to give 'great' results. From January 2019 to July 2019, 63% of cement and 44% of concrete dispatches were made through this digital platform.

Cement sector set to recover in H2: Aljazira Capital

May 17, 2017· Riyadh – Mubasher: Saudi cement sales will extend declines throughout the upcoming months, on the back of the weak fundamentals of the sector and the impact of seasonality, Aljazira Capital expected. The research firm noted that inventory levels retreated in April month-on-month for the first time since June 2016. Cement dispatches recorded a 1.4% fall month-on-month and a 14.5% …

Signing of mom for cement industries with private company ...

Cement Dispatches For May 2015 Aljazira Capital. Cement Dispatches for May 2015 Signs of recovery; volume sales grew @ 69% YoY and 02% MoM According to the data released by Saudi Yamamah Cement Company, dispatches for the month of May2015 stood at 574mn tons, pared to 537mn tons during May2014, marking growth at 69% YoY and a slight growth of ...

Argentina - Cement industry news from Global Cement

Cement and clinker sales in Saudi Arabia rose 15.7 per cent YoY to 4.24Mt (including exports) in February 2019 compared to 3.67Mt in the previous year. Clinker inventory increased 17.6 per cent YoY, but fell one per cent MoM to 41.88Mt in February 2019. Cement dispatches, however, jumped 9.3 per cent YoY, says Aljazira Capital.

Aljazira Cap maintains "Neutral" recommendation on Eastern ...

Oct 10, 2017· Riyadh - Mubasher: Aljazira Capital said that the expected valuation after the potential merger between Arabian Cement and Al Safwa Cement can range between SAR 5.02 billion and 6.10 billion, according to a recent report. Arabian Cement recently initiated preliminary talks with Al Safwa Cement for a potential merger. Aljazira said that there are two scenario models on pricing power, the …

KSA cement sales to continue downtrend in coming months ...

Source: AlJazira Capital, companies reports Highest D/E Negative outlook on short/mid-term, however a positive outlook on the long term: Cement dispatches declined 19.2%YTD, due to the continued slowdown in construction activity on the back of government austerity measures. For FY2017, we expect cement dispatches to record a decline of 12 - 15%YoY.

Cement Dispatches Grew Aljazira Capital

Cement dispatches by June had already started to return with year on year demand up 30 percent while in July, sales grew even more—up 40 percent year on year. That's a great start.

Pakistan Cement Industry: Overview of Profitability ...

The objective of this report is to identify key drivers of profitability in the cement sector in the five year period from 2012 to 2017. The analysis presented is based on available data from 12 cement companies representing approximately 87% of the industry sales

Cement sales rise by 16% in Saudi Arabia in February

Aljazira Capital is a One Person Saudi Closed Joint Stock Company with Paid up Capital of SR 500,000,000.licensed by the Saudi Arabian Capital Market Authority (NO.) in (22/07/2007) Commercial Registration No. .

Yamama Saudi Cement Company - Aljazira Capital

The Saudi cement sector is set to see signs of recovery as of H2 2018 with an expected increase in government spending, Aljazira Capital said.. The combined sales of Saudi cement companies fell 16 percent year-on-year (YoY) in January 2018 to 4.08 million tons …

Aljazira Capital

Aljazira Capital is a Saudi Investment Company licensed by the Capital Market Authority (CMA), License No. RESEARCH DIVISION AGM - Head of Research ... driven mainly by the 13.2% QoQ decline in cement dispatches and decline in average realized prices per tonne- Yamama's average realized cement price decline by 4.1% QoQ to SAR243.7 in ...

MEED | Saudi cement deliveries reflect ongoing slowdown in ...

Feb 01, 2016· Cement demand shows upturn in economic recovery 22 Feb, 2010, 05:34AM IST Cement dispatches by major manufacturers grew by a healthy 12.6% year-on-year in January at 18.2 million tonnes. Cement production too registered a smart 12.8% growth.

Cement Dispatches for April 2015 - GulfBase

Cement and clinker sales in Saudi Arabia rose 7.2 per cent YoY to 4.37Mt (including exports) in December 2018 compared to 4.08Mt in the previous year, reports Aljazira Capital. Clinker inventory increased 18.8 per cent YoY and 0.8 per cent MoM to 42.34Mt last month, but cement dispatches were down 10 per cent YoY.

City Cement Co. - Aljazira Capital

Total cement dispatches grew from 24.22 million tons in FY07 to 30.11 million tons in FY08. In FY09 the total dispatches grew only slightly by 1.61% to 30.755 million tons. There was a 6.5% growth in local cement dispatches as demand for cement in the domestic market due to increased construction activity and government spending on ...

Domestic cement despatches grew by 3.54% in first six half ...

Argentina: The Portland Cement Manufacturers Association (AFCP) has reported that cement dispatches in the period between 1 January 2020 and 30 April 2020 were 2.3Mt, down by 36% year-on-year from 3.6Mt in the corresponding period of 2019. Between March and April dispatches fell by 20% to 408,000t, down by 55% year-on-year from 907,000t in April 2019.

Yamama Cement Company - Riyad Capital

AlJazira Capital, the investment arm of Bank AlJazira, is a Shariaa Compliant Saudi Closed Joint Stock company and operating under the regulatory supervision of the Capital Market Authority. AlJazira Capital is licensed to conduct and custody. AlJazira Capital is the continuation of a long success story in the Saudi Tadawul market, having occupied

Saudi Arabian cement despatches drop 5.4% so far in 2018 ...

According to Aljazira Capital, Southern and Saudi Cement recorded the highest market share last month of 16 percent and 11 percent, respectively. Saudi Cement recorded the highest enterprise value per ton (EV/ton) of SAR 1125.1, followed by Al Jouf Cement with EV/Ton of SAR 1022.5, the report noted.