TheScreener - Saudi Cement Co. (3030) SAUDI CEMENT reduced its risk exposure resulting in an upgrade to Slightly Positive

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SAUDI CEMENT reduced its risk exposure resulting in an upgrade to Slightly Positive

SAUDI CEMENT (SA), a company active in the Building Materials & Fixtures industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 2 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Slightly Positive. As of the analysis date March 11, 2022, the closing price was SAR 57.30 and its potential was estimated at SAR 60.93.

12/03/2022 1 EN

Underlying

Saudi Cement Co.

Saudi Cement is a cement production company based in the Kingdom of Saudi Arabia. Co.'s main and only activity is the manufacture and trade of cement and cement related products and investment in cement related fields. Co. is engaged in the operation of two cement plants in the Eastern Province of Saudi Arabia, namely the Hofuf Plant (total capacity of the plant is 7825 tons of clinker per day) and Ain Dar Plant (total of 6000 tons of clinker per day). Co.'s locations include Dammam, Hofuf (Hofuf Plant), Ain Dar (Ain Dar Plant) and Dammam Export (Export Terminal).

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SA0007879469 Saudi Stock Exchange Saudi Arabia

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SAUDI CEMENT reduced its risk exposure resulting in an upgrade to Slightly Positive

Empowering Investors

Saudi Cement Sector: Q4 Update | Mega/Giga projects to support demand

Saudi Cement Company: Q3 22 Results Analysis | Higher prices support lower quantities

Saudi Cement Company: Growth in prices and lower opex support earnings

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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