IPO prospectus, whereby the company plans to sell 50% of its capital, ">

City Cement issues IPO prospectus

26/08/2012 16:03 AST

City Cement Co. issued today their IPO prospectus, whereby the company plans to sell 50% of its capital, amounting to 94.6 million shares, at SR 10 per share. The IPO will start from September 10, 2012 until September 16, 2012.

Total paid-up capital of City Cement before the IPO is SR 946 million, and after IPO will be SR 1.89 billion.

The company is engaged in producing and selling of normal Portland cement and sulfur-resistant Portland cement. City Cement company has a production capacity of up to 5,000 tons of clinker per day, (1.6 million tons annually), which is equivalent to 1.75 million tons of cement annually after milling operations.

During the first half of 2012, the company's sales reached SR 264 million compared to SR 213.8 million for the same period of 2011, an increase of 23 percent, while net profit reached SR 160.4 million, an increase of 40 percent compared to SR 114.4 million of first half 2012.

Total Assets of City Cement at the end of June 2012 were SR 1.13 billion compared to 1.05 billion at the end of June 2012.


Gulfbase.com

News

City Cement Company Announces Its Interim Financial Results

15/04/2013

CITY CEMENT COMPANY ANNOUNCES ITS INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDED 31/03/2013 (THREE MONTHS):

1. The net profit for the first quarter reached SR 51.79 million compared to SR

Tadawul

CITYCEMENT Announces Fourth Quarter Net Profit of SR 43.51 Million

15/01/2013

City Cement Company announces its interim consolidated financial results for the period ended 31/12/2012:

1. The net profit for the fourth quarter reached SR 43.51 million compared to SR

Tadawul

Most Viewed Companies

Ticker Price Volume

Valuation

CITYCEMENT Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
MAADEN 59.55 0.00 (0.00%)
SABIC 54.95 0.00 (0.00%)
SABICAGRINUTRIENTS 116.00 1.00 (0.86%)
YANSAB 30.42 -0.10 (-0.33%)
LUBEREF 94.70 0.75 (0.79%)

Recent News

Saudi Aramco offers spot crude supplies as Hormuz closure disrupts shipments: Report

10/03/2026

Saudi Aramco has offered immediate crude oil supplies as the ongoing conflict and closure of the Strait of Hormuz disrupt shipments and force trade flows to be rerouted through the Red Sea.

Saudi Gazette

SABs ranked first across all categories in the Euromoney Global Trade Finance Solutions Awards

10/03/2026

Saudi Awwal Bank (SAB), one of the leading banks in the Kingdom of Saudi Arabia, has achieved the top global ranking across all categories in the Euromoney Global Trade Solutions Awards under its new

Saudi Gazette

Alba promotes Shoji Takeuchi to lead Asia Pacific sales

10/03/2026

Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, announced the promotion of Shoji Takeuchi to Manager Sales - Asia Pacific, as part of its ongoing efforts to strengthen it

Trade Arabia

Nebras Energy embarks on strengthening global presence

10/03/2026

Nebras Energy is enhancing its global presence, even as it strengthens domestic operations through higher generating capacity stations and replacing older, lower-efficiency stations with newer and mo

Gulf Times

Ooredoo AGM approves QR0.75 dividend distribution

10/03/2026

Shareholders of Ooredoo have approved the board of directors' recommendation to distribute a cash dividend of QR0.75 per share during its Annual General Meeting, presided over Sheikh Faisal bin Thani

Gulf Times

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap