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The company produces white and grey ordinary and resistant Portland cement.
Overview
The company was established in 1997 in Riyadh as a closed joint-stock company under the name “Saudi White Cement Co.”, with capital of SAR 300 million. In 2011, the company acquired “Riyadh Cement Co.”, after acquisition, Riyadh Cement Co. was converted from a closed joint-stock company into a branch of Saudi White Cement Co. In 2020, the company was listed on Nomu-Parallel Market, and its name was changed to Riyadh Cement Co.
The company's revenues are mainly generated from grey Portland cement and white cement. It carries out its activities through its brands "Riyadh Cement” and Saudi White Cement". The firm owns a number of production lines including a Portland cement line, a white cement line, and a dual-process line for the production of both grey and white cement. It also produces white cement, ordinary Portland cement, sulfate-resistant cement, and finishing Portland cement. The company is also engaged in the wholesale and retail sale of its products and other building materials, in addition to establishing or participating in establishing industrial service companies for the purpose of providing maintenance and services to plants inside and outside KSA.
Basic Information
City: | Riyadh |
Country | Saudi Arabia |
Ownership Type: | Joint Stock |
Establishment Date: | 1997 |
Commercial Register: | 1010146169 |
Website: | www.riyadhcement.com.sa |
info@sawcem.com.sa | |
Phone | +966 11 261 1888 |
Fax | + 966 11 261 1761 |
Address | Building No. 64, King Saud bin Abdulaziz bin Mohammed - Al-Muhammadiyah District - Riyadh 11494 |
PO Box | 17775 |
Argaam Classification
Industry Peers
Qassim Cement Co. |
Yamama Cement Co. |
City Cement Co. |
Umm Al-Qura Cement Co. |
Financials Highlights (M )
Company Size
Trading Data
Stock Market : | TASI |
Fiscal Year End : | December |
Free Float (M) : | 113.37 |
Free Float % : | 94.48 |
Weight in Index % : | 0.13 |
3M Average Volume : | 179,738 |
3M Average Transactions : | 538 |
Change(12M) % : | (16.31) |
Major Shareholders
Name | Number of Shares (M) | Holding |
---|---|---|
Rashid and Development Company Limited | 27.85 | 23.21 % |
Prince Sultan Salman Abdulaziz Al Saud | 9.73 | 8.11 % |
Prince Mohammed bin Fahad bin Abdulaziz Al Saud | 7.32 | 6.10 % |