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- Closing Bell: Saudi benchmark index edged up to close at 10,549
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07/01/2016 16:40 AST
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 million for the previous quarter with an increase of 22.07%.
The main reasons of increase in net profit are higher sales volume and value, less general and administrative expenses, and higher other income, despite higher zakat expense.
Gross profit during the 4th Q of 2015 added up to SAR 159 million versus SAR 157 million for the same quarter of last year, an increase of 0.83 percent.
Operating profit increased 7.96% to SAR 152.3 million during 4th Quarter of 2015 versus SAR 141 million for the same quarter of last year.
While, net profit during 2015 showed an increase of 4.05 percent with SAR 586 million versus SAR 563.6 million for the last year 2014.
EPS of Qassim Cement during 2015 recorded as SAR 6.52 per share versus SAR 6.26/Share for the same period last year 2014.
The total gross profit during 2015 is recorded as SAR 629 million versus SAR 615 million for the last year 2014, showing an increase of 2.33%.
The total operating profit of Qassim Cement during 2015 amounted to SAR 601.4 million versus SAR 575.5 million for the last year 2014, an increase of 4.49%.
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
08/01/2014
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 previ
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 |
01/01/2026
As part of its steadfast commitment to delivering a best-in-class digital banking experience, National Bank of Kuwait (NBK) announced the launch of a suite of qualitative updates and enhancements to
Kuwait Times
01/01/2026
Bank Muscat announced that it successfully managed series 10 of the Sovereign Sukuk Issuance launched by Oman Sovereign Sukuk Company, with a total value of OMR200 million. The sukuk carries a 7-yea
ONA
01/01/2026
Oman's Bank Nizwa has announced that it had successfully closed the 10th series of local currency sovereign sukuk worth RO200 million ($519 million) acting as the joint issue manager and collecting b
Trade Arabia
01/01/2026
ACWA Power Co has announced its entry into China after securing more than 1 gigawatt (GW) of renewable energy projects, according to a stock exchange disclosure.
The company said it received
Trade Arabia
01/01/2026
Saipem, a global leader in the engineering and construction of major projects, has announced that it has been awarded two offshore contracts worth $600 million in Saudi Arabia, known as Contract Rele
Trade Arabia
Financial Information Co.
Saudi Arabia