Al Jouf Cement 1Q2016 earnings inch down 4% Y-o-Y, affected by lower selling prices, ahead of estimate on lower SG&A
Net income – SAR25 million, -4% Y-o-Y, N/M Q-o-Q, +22% versus EFGe Gross profit – SAR36 million, -4% Y-o-Y, N/M Q-o-Q, +7% versus EFGe Net operating profit – SAR28 million, -3% Y-o-Y, N/M Q-o-Q, +18% versus EFGe Al Jouf Cement
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