Saudi's Yamama Saudi Cement Company plans to increase its capital by 50 per cent through a bonus share issue, the firm said in a bourse statement. The firm will increase its capital to SR2.025 billion ($540 million) from SR1.35 billion, the statement
Saudi Arabia's Yamama Cement estimated fourth quarter profits would be 19 per cent higher on Tuesday, partly on higher sales. Yamama said estimated net profit was SR191 million ($50.9 million) in the quarter ended December 30, up from SR160 million in
1.Estimated net profit during the 4th Q SAR 191 million versus SAR 160 million for the same quarter of last year with an increase of 19 %, compared to SAR 149 million for the previous quarter with an increase of 28 %. 2. Estimated gross profit during the