Riyadh – Mubasher: Saudi Cement Company appointed Khalid Abdulrahman Al Rajhi as the board’s Chairman for the next four years, according to a bourse filing.
The board members also named Mohammed Abdulkarim Al Khereiji as the Vice Chairman.
The two officials assumed their roles for a new board term that began on 1 January 2025 and will end on 31 December 2028.
In a separate bourse statement, Saudi Chemical Company announced Fawaz Mohammed Al Fawaz and Obaid bin Abdullah Alrasheed as the Chairman and Vice Chairman, respectively.
Al Fawaz and Alrasheed took over their roles from 1 January 2025 until 31 December 2027.
During the nine-month period that ended on 30 September 2024, Saudi Cement logged net profits valued at SAR 301.30 million, while Saudi Chemical posted 152.62% year-on-year (YoY) higher profits at SAR 237.16 million.
