Saudi Cement Co. 4Q2015: Recurring earnings down 9% Y-o-Y on lower volumes and likely margin softening, in line
Net income – SAR180 million, -33% Y-o-Y, -13% Q-o-Q, -30% versus EFGe Recurring income – SAR246 million, -9% Y-o-Y, +19% Q-o-Q, -4% versus EFGe Gross profit – SAR280 million, -11% Y-o-Y, +20% Q-o-Q, -8% versus EFGe Net
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