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- QNB and Mastercard expand payment services in Syria
- MoCI signs co-operation agreement with Doha Bank
- Investors face more risks from Trump's Venezuela gamble
- Mobile service subscriptions in Oman rise by 9.6 percent
- MSX issues list of securities eligible for market making
- MSX tops GCC with 28% gain, ranks among world's best-performing markets
- UAE aviation drives national economy with expanding global reach
- Opec+ reaffirms commitment to market stability
- Saudi Aramco launches 98-Octane Gasoline for vehicles
- Oman awards $941m infrastructure project tenders in Q4
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 | 59.55 | 0.00 (0.00 |
| SABIC | 54.95 | 0.00 (0.00 |
| SABICAGRINUTRIENTS | 116.00 | 1.00 (0.86 |
| YANSAB | 30.42 | -0.10 (-0.33 |
| LUBEREF | 94.70 | 0.75 (0.79 |
05/01/2026
Mastercard announced that QNB Group, the largest financial institution in the Middle East and Africa, was granted a Mastercard licence to extend its issuing and acquiring activities in Syria, enablin
Gulf Times
05/01/2026
The Ministry of Commerce and Industry (MoCI) has signed a co-operation agreement with Doha Bank, as part of efforts to enhance integration between the public and private sectors and to facilitate ser
Gulf Times
05/01/2026
Saudi oil giant Aramco has announced the launch of its 98-octane gasoline product, which will begin supplying in January 2026 as part of efforts to expand consumer fuel options and diversify its prod
Trade Arabia
04/01/2026
Dubai Electricity and Water Authority (Dewa) has announced that that work is in full swing on its Hassyan desalination project with the Phase I nearly 90% completed.
One of the world's large
Trade Arabia
04/01/2026
QNB forecast a slight improvement in global growth in 2026, amid stability in major economies, projecting a rate of 3.2 percent, which is slightly higher than overall forecasts.The bank's weekly repo
Gulf Times
Financial Information Co.
Saudi Arabia