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عربي

Yamama Saudi Cement Company

   (3020.SSE)
Also known as: YCC, YSCC, Yamama, Yamama Cement
Last Trade
79.00SAR
+ 1.61%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Updated: Mar 10, 2011
 
 
 
Country

Saudi Arabia

Ownership Type
Company Type
Joint Stock
 
 
 
 
Principal Activities
Production and distribution of clinker, ordinary portland cement and sulfate resisting cement; production of paper bags for cement packaging.
 
Date of Establishment Year
1961 (August)
 
Date of Operation
1966
 
No of Employees
1,000 Company, 100 Headquarters (As of Mar 09, 2011)
 
Total Production Capacity
5.575 million tons of clinker per year 5.521 million tons of cement per year  
 
Brands
Yamama Cement
 
Factories and Plants
Riyadh    
 
Stock Market Listing
Exchange Symbol ID Stock Type Currency
Saudi SE  3020 3020.SSE Ordinary SAR
 
 
Contact Details
Address:
Yamama Saudi Cement Company Building
Bathaa Street
P.O. Box 293
Riyadh  11411
Saudi Arabia
 
Tel:
+966 1-405-8288
 
Fax:
+966 1-403-3292
 
Email:
headoffice@yamamacement.com
 
Website:
www.yamamacement.com

 
 
 M&A Details
 
Acquistion
 
Status
Complete
 
Acquirer
 
Target
 
Announcement Date
21 Feb 2010
 
Closing Date
21 Feb 2010
 
 
 Business Overview
The Yamama Saudi Cement Company (YSCC) produces clinker, ordinary portland cement and sulfate resisting cement. Through its subsidiaries, it also manufactures paper bags for cement packaging.

Yamama’s total production capacity of clinker amounted to 5.6 million tons per year, in 2011, while its cement production capacity reached 5.5 million tons per year.

The company expanded regionally, in 2010, when it acquired 20% of the Yemeni Saudi Cement Company, which is expected to begin commercial operations, by the close of 2011, with a total production capacity of 1.4 million tons of cement per year.

YSCC announced in October 2011 that it plans to replace five obsolete clinker lines with a new one, which will raise its output to 10,000 tons per day.

Yamama’s total revenues increased by 9.37% to SAR1.27 billion (USD339 million). Its net profits rose by 16.94% to SAR657 million (USD175 million), mainly due to an improvement in operational efficiency, a rising demand of infrastructure projects and an increase in local sales.
 
 
 Major Shareholders  Section Updated: 22Mar11
Name   Type  Country  Holding 
HH Prince Sultan Mohammed Saud Al Kabir Al Saud  Private Saudi Arabia 9.70% 
General Organization for Social Insurance - Saudi Arabia  Government Saudi Arabia 7.40% 
Public Pension Agency  Government Saudi Arabia 5.30% 
Public   - 77.60% 
 
 
 Foreign Ownership Limits
Section Updated: 30Dec09
Owned Permitted
100%
GCC Nationals
 
49%
Foreigners
 
 
 
 Direct Investments and Related Entities 
Subsidiaries/Associates/Affiliates
Name  Country  Holding 
Cement Product Industry Company Saudi Arabia 33.33%
Yemeni Saudi Cement Company Yemen 20.00%
Investments
Name  Country  Holding 
Sudani Kuwaiti Holding Company Saudi Arabia 6.67%
Hail Cement Company Saudi Arabia 6.13%
Industrialization and Energy Services Company Saudi Arabia 5.62%
Arabian Shield Cooperative Insurance Company Saudi Arabia 5.00%
Al Kayan Petrochemical Company Saudi Arabia 0.32%
Agents and Distributors
Name  Country  Holding 
Al Rashed Cement Saudi Arabia -
International Affiliations
Name  Country  Holding 
Arab Union for Cement and Building Materials Syria -
 
 
 Representatives
Auditors
Kharashi Certified Public Accountants  
Banks
National Commercial Bank Riyadh Bank
Arab National Bank Banque Saudi Fransi
Al Rajhi Bank  
 
 
 Financial Results  31-Dec-10  31-Dec-11   Yr on Yr 
  SAR'000 SAR'000 change (%)
Total revenues  1,271,929 1,442,218 13.39
Net profit  656,930 739,761 12.61
Total assets 3,653,389 3,821,550 4.60
Paid-up capital 1,350,000 1,350,000 0.00
Shareholders' Equity 3,158,693 3,375,420 6.86
Shares outstanding 135,000 135,000 0.00
Market capitalization 6,952,500 9,450,000 35.92
» View Full Financials