SASE:3060

2 stories mentioning SASE:3060Updated just now

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Yanbu Cement Flags Higher Production Cost from Saudi Aramco's Fuel Products Price Adjustment

Yanbu Cement (SASE:3060) expects a 4% rise in production cost due to Saudi Arabian Oil Co. (SASE:2222), d/b/a Saudi Aramco's, adjustment of fuel products prices.The cement maker said that the financial impact was reflected in its first-quarter financial statements, according to a Sunday release. Yanbu Cement added that the impact was mitigated due to its participation in the industrial sector competitiveness program.

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Research60d ago

SNB Capital Cuts Yanbu Cement PT, Maintains Neutral Rating

SNB Capital on Wednesday lowered its price target for cement maker Yanbu Cement (SASE:3060) to 15.40 Saudi riyals from 26.80 riyals, with an unchanged neutral rating.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

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