Tabuk Cement
🏭 Location & Strategic Position
Tabuk Cement is located in the northwestern region of Saudi Arabia, close to the borders with Jordan and Egypt (via the Red Sea).
Its strategic position allows it to efficiently export cement and clinker to Jordan, Egypt, and potentially Syria, utilizing both land and sea routes.
The company’s plant is situated near Duba Port on the Red Sea, enhancing its maritime export capabilities.
⚙️ Operations & Products
Main Products:
Ordinary Portland Cement (OPC)
Sulfate Resistant Cement (SRC)
Primary Markets:
Domestic construction projects across northwest Saudi Arabia.
Regional exports to neighboring countries.
🌍 Competitive Advantages
Proximity to export markets: Jordan, Egypt, Syria, and Sudan.
Access to key infrastructure projects within Saudi Arabia’s Vision 2030 development framework.
Reliable supply chain through road and sea connections.
💰 Financial Highlights
Dividend Policy: Regular dividend payments of around SAR 0.50 per share, reflecting stable profitability.
Financial Health: A solid balance sheet with manageable debt levels and consistent cash flow from operations.
Challenges: Rising fuel costs and strong competition in the Saudi cement sector.
✅ Summary
Tabuk Cement is a strategically located, financially stable, and regionally significant cement producer. Its export access to Jordan, Egypt, and Syria gives it a unique geographic advantage among Saudi cement firms, while its prudent financial management and steady dividends make it an attractive long-term value and income investment.
first target 10.47 second target 10.6 investor 12
Long
