Yanbu Cement Q4 profit rises 8% on stronger sales

Riyadh – Mubasher: Yanbu Cement Company posted 8% growth in net profit to SAR 209 million for the fourth quarter of 2015, up from SAR  193 million in the prior-year period.

Meanwhile, the full-year net profit rose 0.50% to SAR 806 million, from SAR 802 million a year ago.

The cement produce ascribed the profit rise in the fourth quarter to an increase in sales.

Mubasher Contribution Time: 10-Jan-2016 13:00 (GMT)