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Article: Arabian Cement Co 9-mo net profit down to USD 73.9m.
- Article from:
- ADP News Middle East & Africa
- Article date:
- November 25, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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(ADP News) - Nov 25, 2008 - Saudi cement producer Arabian Cement Company (ACC) (SAU:3010) registered a decline in net profit to SAR 277.4 million (USD 73.9m/EUR 57.5m) for the first nine months of 2008 from SAR 306.1 million in the same period of 2007, equal to a decrease of 9%, the company said in a filing to the Saudi Stock Exchange.
ACC attributed the decrease to lower production and higher costs as the company invested in establishing new subsidiaries.
The earnings per share (EPS) stood at SAR 3.47 for January to September 2008, down from SAR 4.14 a year ago.
The company reported a 2.6% year-on-year decline in the operating profit to SAR ...
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Article: Virginia Governor Honors Roanoke Cement Company
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... ... 215-431-3946, for Roanoke Cement Company TROUTVILLE, Va., April 2 ... PRNewswire-USNewswire/ -- Roanoke Cement Company was honored last night with ... the state as a whole. Roanoke Cement Company is the only cement manufacturing ...
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