Saudi Cement Industry - A Comparative Study of Profitability Position during Economic Slowdown

2021 ◽  
Author(s):  
Shahid Husain ◽  
Maysoon Khoja
Author(s):  
Felipe Raul Ponce Arrieta ◽  
Elviro Pereira Barbosa Junior ◽  
Cláudio Silva

Author(s):  
M. H. Dalhat ◽  
A. R. Amale ◽  
M. Maimuna ◽  
I. Bashiru ◽  
K. Sirajo

Environmental pollution is a major issue which confronts industry and business in today’s world on daily basis. Industrial activities are the leading cause of metals emission, often associated with soil and plant metal concentration in adjacent regions. Cement industry is one of the 17 most polluting industries listed by the central pollution control board (CPCB). Impact of dust deposition from Cement Company of Northern Nigeria on the proximate and phytochemical concentrations of lettuce (Lactuca sativa) was studied. A comparative study of heavy metal concentration and phytochemicals of Lactuca sativa and soil samples from Kalambaina (Industrial area) and Kwalkwalawa (non-Industrial area) were estimated using atomic absorption spectrophotometry (AAS) and standard analytical procedures respectively. Result of quantitative phytochemical analysis revealed significant difference (P<0.05) in all parameters. Heavy metal values of Pb(0.012±0.002 mg/g), Zn(0.043±0.003 mg/g), and Ca(706.860±14.980 mg/g) in Lactuca sativa collected from Kalambaina revealed significant difference (P<0.05) when compare to samples collected from Kwalkwalawa and WHO standard. In addition, the heavy metal concentration in soil collected from Kalambaina showed significant difference (P<0.05) when compare to samples collected from Kwalkwalawa; with the highest value recorded in Ca (974.25±48 mg/g) which might be as a result of activities in the cement industry. Conclusively, plants grown at cement industries might not be safe for consumption


Author(s):  
Shahid Husain ◽  
Maysoon Khoja

Infrastructure is one of the favorite projects of every developed and developing nation. Construction industry occupies a prominent place in the infrastructure development of a country. Cement is one the elementary material components in the construction industry. Saudi Arabia has shown a weaker performance in generation of revenue over a period of five years from 2015 to 2019. In a situation of economic slowdown it becomes a challenge for the business concerns to maintain their profitability. The present study is designed to analyze and compare the profitability position of cement companies in the kingdom of Saudi Arabia during this period. The study belongs to top five cement companies in terms of market value and revenue generation in the kingdom of Saudi Arabia. To measure the profitability gross profit ratio, operating ratio, operating profit ratio, net profit ratio and return on investment have been used as variables. One way anova has been used to test the hypotheses. The study shows that these companies do not differ significantly from one another in terms of gross profit, operating profit and net profit but they differ significantly when return on investment is compared. Cement companies can increase their profitability by improving the components of those ratios that have been the cause of decline in profitability.


2020 ◽  
Vol 13 (13) ◽  
pp. 24-28 ◽  
Author(s):  
Deepa Humbahadur Gurung ◽  
Vinay Kumar Jha

The world cement industry is responsible for 5-8 % of the total CO2 emission. Thus, the cement industry has a crucial role in global warming. The search for an alternative green inorganic binder with improved durability led to the discovery of alkali-activated binder termed “geopolymer”. In this study, geopolymer was synthesized from coal fly ash (CFA) with the parameters such as particle size ≤ 53 μm, NaOH concentration 8 M and the mass ratio of CFA/Na2SiO3 was 0.75. For the comparative study with fly ash based cement, the cement mortars were prepared by varying the cements and mass ratio. The highest compressive strength (14.16 MPa) of the cement mortar was however obtained with 1:3 cement sand ratio after 7 days of curing, the ratio of 1:4 was considered for comparison. The cement and geopolymer mixture mortars were also prepared with varying (cement + sand) and (CFA+ NaOH+ Na2SiO3) mass ratio. The maximum compressive strength of 3.84 MPa was obtained for 1:2 mass ratio with 7 days of curing. The maximum compressive strengths of CFA based geopolymer, CFA added cement and cement and geopolymer mixture were 17.06, 21.3 and 11.42 MPa with 90 days of curing respectively.


Dividends are commonly defined as the distribution of earnings (past or present) in real assets among the shareholders of the firm in proportion to their ownership. (Frankfurter and Wood) Literature regarding dividend has questioned the importance given by investors in receiving stable payments in the form of dividend vis a vis capital required by companies. This paper attempts to throw light on determinants of dividend policy and how can certain factors be considered before making a dividend decision. Metal and cement and cement products sector from Nifty 50 listed companies have been selected to know the determinants of dividend and their impact on stock prices for 10 years starting from 2009 to 2019. Regression analysis has been used to analyze the data. This study found that the earning per share is the significant determinant of dividend policy in metal industry while in cement industry the retained earnings are the significant determinant of dividend policy.


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