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Southern Province places contract for two new lines at Jazan

Saudi Arabia-based Southern Province Cement Co has placed an order with Sinoma International Engineering Co for two new 5000tpd production lines at i.

Southern Province 9M profit contracts to SAR238m

The net profit after zakat and tax of Saudi Arabia-based Southern Province Cement Co declined by 28.1 per cent YoY to SAR238m (US$63.5m) in the 9M22 .

Southern Province sees 42% fall in 1H net profits

In the first half of 2022, Saudi Arabia-based Southern Province Cement Co reported net profits after zakat and tax of SAR150m, down 41.6 per cent YoY.

Southern Province revenue down 25% in 1Q22

Saudi Arabia-based Southern Province Cement Co has posted a revenue of SAR330m (US$88m) for the first three months of 2022. This represents a 25 per .

Here s what you need to know as TASI wraps up the trading week

RIYADH: Saudi Arabia’s main stock index TASI closed lower on Wednesday, despite the recent US ban on Russian imports driving brent crude oil near $130 per barrel. At the closing bell, TASI lost 0.88 percent to 12,739 points, while the parallel market, Nomu, surged 1.03 percent to 24,796 points. Stock exchanges in Abu Dhabi, Dubai, and Qatar joined the volatile downturn, with

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