Saudi Cement Company Overview
Pro stress-test →Saudi Cement Company is a leading cement manufacturer in Saudi Arabia founded in 1955, producing cement clinker, sulfate-resistant cement, and ordinary Portland cement for regional and international markets. The company serves critical infrastructure projects including highways, bridges, airports, and housing developments, with export capabilities across GCC countries, Europe, Africa, and the United States.
Strategic Profile
Pro stress-test →Operating two production plants in the eastern province (Hofuf and Al-Hasa) with an export terminal at King Abdulaziz Port, the company maintains strong financial health with 14.64% revenue growth in 2024 to SAR 1.68 billion. The company benefits from stable cash flows, low debt (0.13x), and consistent dividend payments (6.15% yield), positioning it well within the Arabian cement sector.
Competitive Landscape
Pro stress-test →Saudi Cement operates in a fragmented regional market competing with established players including Qassim Cement, Yanbu Cement, Yamama Cement, Tabuk Cement, City Cement, and Arabian Cement. Market consolidation pressures and demand fluctuations tied to Saudi construction cycles create competitive intensity, though Saudi Cement's dual production facilities and established export channels provide operational advantages.
Industry Context
Saudi Cement Company operates in Building Materials - Cement Manufacturing.
Key facts
Founded: 1955 · Headquarters: Dammam, Saudi Arabia · Employees: Not disclosed · Revenue: 1.68B SAR · Market cap: 6.2B SAR