Riyadh-Mubasher: Qassim Cement Co. recorded net earnings of SAR 141 million during the fourth quarter of 2015, a rise of 4.6% from SAR 134 million in the year-ago period.
Full-year net earnings increased 4% year-on-year from SAR 564 million to SAR 586 million.
The cement producer attributed the profit growth to higher sales volume and value, as well as low general and administrative expenses.