SFC issues a buy Rating for Tabuk Cement

31/03/2014 22:07 AST

SFC issued a new report covering the Saudi Cement sector on 30 March 2014. The report fully covered listed Cement equity, with a new Buy recommendation for Tabuk Cement, maintained the Buy recommendation for Ha'il and Arabiya Cement companies, and upgraded AlQassim Cement from Maintain to Buy.

The report highlighted fuel allocation to Cement companies as the main barrier for earnings growth, meanwhile producers operate at maximum utilization levels. It anticipates volume recovery during 1st Quarter 2014 following the lows witnessed in November 2013. Furthermore, SFC estimates total profit for the sector during 1st quarter 2014 around SAR 1.5 Billion, marking 15% growth from the same period 2013.


CPI Financial

News

TACCO Realizes Net Profit of SR 45.50 Million for the 4Q 2012

17/01/2013

TABUK CEMENT COMPANY ANNOUNCES THE INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDING AT 31/12/2012:(12MONTHS)

1.Realized Net Profit of SR 45.50 Million for the 4Q 2012 compared to SR 28.00 M

Tadawul

Tabouk Cement announced the distribution of SR 81 million

26/07/2012

On July 25, 2012 Board of Directors of Tabouk Cement Company decided the distribution of SR 81 million in cash dividends (SR 0.90 per share) or 9 percent of paid-up capital for first half of 2012.

Gulfbase.com

Tabouk Cement profit up

15/04/2010

Tabouk Cement Co. said Wednesday its first-quarter 2010 net profit inched up to SR34.02 million ($9.1 million) from SR33.5 million in the same period last year on higher sales.

First-quarter

Agencies

Most Viewed Companies

Ticker Price Volume

Valuation

TCC 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 59.00 0.45 (0.76%)
SABIC 55.30 0.10 (0.18%)
SABICAGRINUTRIENTS 127.20 1.20 (0.95%)
LUBEREF 130.00 0.80 (0.61%)
YANSAB 31.10 0.56 (1.83%)

Recent News

Zain highlights digital readiness as key to Kuwait's capital market future

12/06/2026

Zain participated in a high-level roundtable discussion hosted by global media group The Business Year, in collaboration with the Kuwait Direct Investment Promotion Authority (KDIPA), under the title

Kuwait Times

Gulf Bank welcomes GUST students as they begin summer semester in person

12/06/2026

Gulf Bank welcomed students of Gulf University for Science and Technology (GUST) as they returned to campus for in-person classes at the start of the summer semester.

The Bank's team was pre

Kuwait Times

NBK warns against fake travel booking websites as holiday season approaches

12/06/2026

With higher travel rates during the summer season, National Bank of Kuwait warns its customers and the public against scams associated with fake travel and online booking sites, as part of its ongoin

Kuwait Times

2PointZero sells stake in TAQA to Abu Dhabi Power

12/06/2026

2PointZero Group, a next-generation investment powerhouse focused on energy and consumer sectors, today completed the sale of its full 7.29 percent stake in Abu Dhabi National Energy Company PJSC (TA

Trade Arabia

Emaar to unveil Dh200 billion Dubai masterplan for 150,000 residents

12/06/2026

Emaar Properties is preparing to unveil a Dh200 billion master-planned development in the heart of Dubai, in what the company says will be one of the largest urban districts it has ever conceived.

Gulfnews

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