Qassim Cement 1Q2016: Earnings drop 17% Y-o-Y on increased production costs, broadly in line
Net income – SAR135 million, -17% Y-o-Y, -4% Q-o-Q, -5% versus EFGe Gross profit – SAR145 million, -18% Y-o-Y, -9% Q-o-Q, -7% versus EFGe Net operating profit – SAR138 million, -17% Y-o-Y, -9% Q-o-Q, -6% versus EFGe Qassim Cem
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