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English news

19-Apr-2016

Southern Cement 1Q2016 earnings inch up 6% on lower cost of sales, ahead of estimate

Net income – SAR283 million, +6% Y-o-Y, -5% Q-o-Q, +19% versus EFGe Gross profit – SAR303 million, +4% Y-o-Y, -6% Q-o-Q, +16% versus EFGe Net operating profit – SAR287 million, +6% Y-o-Y, -6% Q-o-Q, +19% versus EFGe   Southern C

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