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عربي

Lafarge Jordan Cement Company

   (JOCM.ASE)
Also known as: Jordan Lafarge Cement
Last Trade
1.45JOD
- 2.03%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Updated: Aug 29, 2011
 
 
 
Country

Jordan

Ownership Type
Company Type
Joint Stock
 
 
 
 
Formerly Known As 
Jordan Cement Factories Company, Jordan Lafarge Cement Factories Company until 2009
Principal Activities
Manufacture and distribution of cement, concrete, aggregates and other related products; stone mining.
 
Date of Establishment Year
1951
 
Date of Operation
1953
 
No of Employees
835 Company, 135 Headquarters (As of Aug 26, 2011)
 
Total Production Capacity
3.8 million tons of cement per year
 
Brands
Lafarge Jordan Cement
 
Factories and Plants
Fuheis Rashidiyeh  
 
Stock Market Listing
Exchange Symbol ID Stock Type Currency
Amman SE  JOCM JOCM.ASE Ordinary JOD
 
 
Contact Details
Address:
Lafarge Jordan Cement Company Building
Abdulrahim Al Wakid Street
Shmaisani Area
P.O. Box 930019
Amman  11193
Capital Governorate
Jordan
 
Tel:
+962 6-560-0600
 
Fax:
+962 6-560-0639
+962 6-560-0640
 
Email:
cement.info@jordan.lafarge.com
 
Related Links:
www.lafarge.com

 
 
 M&A Details
 
Acquistion
 
Status
Complete
 
Acquirer
 
Target
 
Announcement Date
31 Jul 2008
 
Closing Date
31 Jul 2008
 
 
 Major Shareholders  Section Updated: 12Sep11
Name   Type  Country  Holding 
Lafarge Group  Corporate France 50.27% 
Social Security Investment Fund  Government Jordan 21.85% 
Miloud Chaabi  Private Morocco 10.31% 
Public   - 17.57% 
 
 
 Foreign Ownership Limits
 
Owned Permitted
100%
Foreigners
 
 
 
 Direct Investments and Related Entities 
Subsidiaries/Associates/Affiliates
Name  Country  Holding 
CTS Sudan Sudan 99.00%
The Arab Readymix Concrete Company Jordan 51.00%
Jordan Specialized Transport and Mining Company [Stramco] Jordan 49.00%
Sister Companies
Name  Country  Holding 
Al Safwa Cement Company Saudi Arabia -
Algerian Cement Company Algeria -
Bazian Cement Company Iraq -
Ciment Blanc d'Algérie [CBA] Algeria -
Construction Material Company Qatar -
LBMH Egypt -
Lafarge Cement - Egypt Egypt -
Lafarge Cement Syria Syria -
Lafarge Ciments Morocco -
Lafarge Emirates Cement Company UAE -
Lafarge Platres Morocco -
Premix UAE -
Qanbar Steetley (Saudi) Saudi Arabia -
Qatar Precast Qatar -
Ready Mix and Aggregates Egypt -
Ready Mix and Aggregates - Algeria Algeria -
Readymix Gulf UAE -
Readymix Muscat Oman -
Readymix Qatar Qatar -
Syrian Cement Company Syria -
 
 
 Representatives
Auditors
Ernst and Young Jordan  
Banks
Arab Bank Bank of Jordan
Law Firms
Firas Baker and Company  
 
 
 Financial Results  31-Dec-09  31-Dec-10   Yr on Yr 
  JOD'000 JOD'000 change (%)
Total revenues  284,775 169,685 (40.41)
Net profit  45,708 (953) (102.08)
Total assets 296,459 239,384 (19.25)
Paid-up capital 60,444 60,444 0.00
Shareholders' Equity 188,941 147,654 (21.85)
Shares outstanding 60,444 60,444 0.00
Market capitalization 429,156 287,111 (33.10)
» View Full Financials