Qassim Cement's Q4 net profits up 5%

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.

 

 

 

Mubasher Contribution Time: 07-Jan-2016 13:36 (GMT)