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- AlRayan Bank bags NIA certification by Qatar's National Cyber Security Agency
- QIB enhances Flexi Certificate of Deposits with sustainable returns
- US crude oil, gasoline, distillate inventories rise
- US govt shutdown begins as Congress fails to reach deal
- Zain Group's MSCI rating for ESG upgraded to 'A'
- Kuwait returns to global debt markets with $11.25 billion sovereign bond issuance
- QNB Group receives Saudi Central Bank licence approval for new digital bank - ezbank
- Boursa Kuwait launches second edition of 'The Bell' initiative for financial literacy
- Ooredoo Fintech to join PayPal World, unlocking seamless global commerce for its consumers, merchants
- FSA directs Omantel to revise audited financial reports for 2024
08/01/2014 00:57 AST
Estimated net profit during the 4th Q 2013 amounted to SAR 135.3 million versus SAR 143 million for the same quarter of last year with a decrease of 5.4 %, compared to SAR 114.7 million for the previous quarter with an increase of 17.97 %.
Estimated gross profit during the 4th Q of 2013 added up to SAR 146.9 million versus SAR 160.6 million for the same quarter of last year, a decrease of 8.53 percent.
Estimated operating profit decreased 8.25% to SAR 138.5million during 4thQuarter of 2013 versus SAR 150.97 million for the same quarter of last year.
While, estimated net profit during 2013 showed an increase of 4.22 percent with SAR 584.6 million versus SAR 560.97 million for the last year 2012.
EPS of Qassim Cement Company during 2013 recorded as SAR 6.5 per share versus SAR 6.23 SAR/Share for the same period last year 2012.
The estimated total gross profit during 2013 is recorded as SAR 644 million versus SAR 613.93 million for the last year 2012, showing an increase of 4.9 %.
The estimated total operating profit of Qassim cement Company during 2013 amounted to SAR 606.3 million versus SAR 579.7 million for the last year 2012, a decrease of 4.58 %.
The main reasons for the decrease in the current quarter Net Profit as compared to the previous one is due to the decline in the value and volume of sales driven by lower demand of cement.
The main reason for increase in yearly net profit is due to the higher sales value and improved financial results of the subsidiary's operation.
Gulfbase.com
18/08/2025
Saudi-based Qassim Cement Company has announced that it has signed up leading Chinese engineering company Sinoma for setting up a fourth cement production line at its plant site in Buraydah city.
Trade Arabia
16/10/2017
Higher than expected net income of SAR 51.2mn (EPS; SAR 0.57) for 3Q2017, indicating a decline of 26.2%YoY and 3.7%QoQ. Revenue came in line with our estimates; however, production cost came blow our
GulfBase
07/01/2016
Quarterly net profit of Qassim Cement Co. during the 4th Q 2015 amounted to SAR 140.5 million versus SAR 134.2 million for the same quarter of last year with an increase of 4.69%, compared to SAR 115
GulfBase.com
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| MAADEN | 65.60 | 1.60 (2.50 |
| SABIC | 61.55 | 0.00 (0.00 |
| SABICAGRINUTRIENTS | 118.90 | -0.30 (-0.26 |
| LIMEINDUSTRIES | 12.16 | 0.11 (0.91 |
| YANSAB | 34.98 | 0.04 (0.11 |
02/10/2025
AlRayan Bank announced that it has been awarded the National Information Assurance (NIA) Certification by the State of Qatar's National Cyber Security Agency (NCSA).
Achieved to a high stand
Gulf Times
02/10/2025
Qatar Islamic Bank (QIB), Qatar's leading digital bank, has announced an enhancement to its Flexible Certificate of Deposits (Flexi CD), aligning the offering with sustainable finance principles to s
The Peninsula
02/10/2025
Zain Group, a leading provider of innovative ICT and digital lifestyle communications operating in eight markets across the Middle East and Africa, has attained a significant improvement in its Morga
Kuwait Times
02/10/2025
QNB Group, the largest financial institution in the Middle East and Africa, has announced licence approval has been received for a digital-first banking entity - ezbank, from the Saudi Central Bank (
Gulf Times
02/10/2025
Ooredoo Fintech announced yesterday its intention to form a strategic collaboration with PayPal.
Ooredoo Fintech will join leading global payments systems and digital wallets in enabling nea
Gulf Times
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