TheScreener - Southern Province Cement Co (3050) SOUTHERN PROVINCE CEMENT sees an upgrade to Slightly Positive due to a better fundamental star rating

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SOUTHERN PROVINCE CEMENT sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of SOUTHERN PROVINCE CEMENT (SA), a company active in the Building Materials & Fixtures industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 2 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date September 10, 2021, the closing price was SAR 75.90 and its potential was estimated at SAR 87.17.

11/09/2021 6 EN

Underlying

Southern Province Cement Co

Southern Province Cement Company SJSC is a Saudi Arabia-based public shareholding company engaged in manufacturing and marketing of cement and its derivatives, as well as undertaking all related businesses. The Company operates three factories in Jazan, Bisha and Al-Kunfuza, Kingdom of Saudi Arabia. The Company's major shareholders include Public Investment Fund (37.4%) and General Organization for Social Insurance (15.40%).

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SA0007879501 Saudi Stock Exchange Saudi Arabia

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TheScreener

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SOUTHERN PROVINCE CEMENT sees an upgrade to Slightly Positive due to a better fundamental star rating

Empowering Investors

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

Southern Province Cement Company: Q3 22 | Strong volume growth offsets the pricing pressure

Southern Province Cement Company: Selling prices more resilient than its peers

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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