Northern Region Cement Co.

Northern Region Cement Co. (3004) is a Saudi Arabian building materials company headquartered in Arar, specializing in the production and sale of cement and its derivatives. The company operates a fully integrated cement manufacturing facility with an annual production capacity of approximately 2 million tons, serving the construction and infrastructure sectors primarily in the northern region of Saudi Arabia.

The company generates revenue primarily from the sale of various cement types, including ordinary Portland cement, sulfate-resistant cement, and clinker. Its business model relies on efficient production, logistics, and distribution networks to supply customers across the northern provinces. Revenue is derived from both domestic sales and exports to neighboring markets, with a focus on bulk and bagged cement.

Northern Region Cement operates in the highly competitive Saudi cement industry, which is characterized by overcapacity and price competition. The company holds a moderate market share in the northern region, benefiting from its proximity to raw materials and strategic location near the borders with Iraq and Jordan. Its financial metrics show a low price-to-book ratio of 0.55 and a high dividend yield of 7.20%, but also a high debt-to-equity profile with debt of 1.13B SAR versus cash of 42.16M SAR.

The company's primary customers are construction companies, contractors, and government infrastructure projects in the northern region of Saudi Arabia. It also serves concrete batching plants and building material traders. Geographically, its main market is the domestic Saudi market, with additional exports to neighboring countries in the Middle East, particularly Iraq and Jordan, leveraging its border proximity.

An auto-generated descriptive profile based on company data, for informational purposes only.