Riyadh – Mubasher: Qassim Cement’s Q1-16 profits declined 16.78% year-on-year to SAR135.4 million ($36.1 million) from SAR162.7 million ($43.4 million).
This decline came as a result of an increase in the cost of sales, although the value and amount of sales also rose in the first quarter of the present fiscal year.
