நகரம் சிமென்ட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from நகரம் சிமென்ட். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In நகரம் சிமென்ட் Today - Breaking & Trending Today
City Cement sees 31% rise in profit 04 August 2021 Saudi Arabia’s City Cement has posted a net profit after tax of SAR49.7m (US$13.25m) in the second quarter of the year, up 30.8 per cent YoY on SAR38m in the year-ago period. Sales also climbed 10 per cent YoY to SAR119.8m from SAR108.9m in the 2Q20. Published under ....
Dubai: Saudi Arabian stocks extended their lacklustre performance in recent sessions weighed down by a number of subpar first-quarter earnings, while Dubai shares ended the day higher mainly as blue-chip property stocks continued to cheer the markets. Saudi Arabia s benchmark index dropped 0.7 per to 10,252 points slipping for a fourth day in the last five sessions as the index underwent pressure from mixed corporate earnings and as a raging pandemic in parts of the world continued to cloud oil demand outlook in the short term. Results paint stocks with red Banking stocks led the losses with Arab National Bank shedding more than 1 per cent after the first-quarter profits shrank by around 10 per cent to SR582 million as the lender reported decreased net special commission income and increased allowances for expected credit losses. Assir Trading, Southern Province Cement and City Cement all underperformed after reporting subdued first-quarter results. ....
· Underlying net profit attributable to shareholders down 35% to US$1,094 million and underlying earnings per share down 34% to US$1.96 · Southeast Asian businesses and Mandarin Oriental severely impacted by the pandemic, but resilience in Hongkong Land, Dairy Farm, Jardine Pacific and Jardine Motors · Continued investment for the long-term exemplified by US$4.5 billion investment by Hongkong Land in West Bund in Shanghai 2020 has brought major challenges to our teams and businesses, but also demonstrated once again the Group s ability to adapt and thrive as our businesses accelerated the pace at which they adopt technology and embraced digital ways of working. High levels of uncertainty remain in respect of this year, however, given the continuing impact of the pandemic. The Group s performance in the first part of 2021 is expected to be affected in particular by the conti ....
Headlines · Underlying net profit attributable to shareholders down 32% to US$1,085 million and underlying earnings per share down 30% to US$2.95 · Southeast Asian businesses and Mandarin Oriental severely impacted by the pandemic, but resilience in Hongkong Land, Dairy Farm, Jardine Pacific and Jardine Motors · Continued investment for the long-term exemplified by US$4.5 billion investment by Hongkong Land in West Bund in Shanghai · Dividend maintained at US $1.72 per share for the year, reflecting Board s confidence in long-term strength of underlying businesses and balance sheet · Separate announcement of offer to acquire remaining c.15 % of Jardine Strategic for US$33 per share in cash 2020 has brought major challenges to our teams and businesses, but also de ....