Hail Cement settles SAR 152 mln loan from SIDF

20/12/2020 Argaam


Hail Cement Co. paid, on Dec. 17, the entire loan amount of SAR 152 million to Saudi Industrial Development Fund (SIDF), it said in a bourse statement.

 

The financial impact will be reflected in the statements for the year ending Dec. 31, 2020.

 

According to data compiled by Argaam, the cement producer’s board of directors decided on Dec. 15, 2020, to pay early and in full the balance amount of the loan worth SAR 152 million from SIDF.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.