Riyadh – Mubasher: Umm Al Qura Cement Company appointed Abdullah Abdulaziz Suleiman Alabdulatif as the Chairman of the board for the coming three years.
Saud Mahamed Ali Al Sabhan was announced as the Vice Chairman, according to a bourse disclosure.
The two officials assumed roles for a new term that began on 4 July 2024 and will remain in position until 3 July 2027.
In the first quarter (Q1) of 2024, the company’s net profits increased by 113.43% to SAR 14.46 million from SAR 6.77 million in Q1-23.
Earnings per share (EPS) grew to SAR 0.26 in Q1-24 from SAR 0.12 a year earlier, while sales hiked by 37.15% to SAR 64.68 million from SAR 47.15 million.
