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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
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
09/04/2013
Qassim Cement Company - QACCO announces its interim consolidated financial results for the period ended 31/03/2013
1.Qassim Cement Company posted a net profit of SAR 168,457,945 for the
Tadawul
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| MAADEN | 51.40 | 0.40 (0.78 |
| SABIC | 59.30 | -0.20 (-0.34 |
| SABICAGRINUTRIENTS | 97.60 | -0.80 (-0.82 |
| MARBLEDESIGN | 67.00 | 0.00 (0.00 |
| APICO | 57.50 | 0.00 (0.00 |
20/05/2025
Gulf Pharmaceutical Industries (Julphar) plans to invest Dh300 million over the next five years to expand its manufacturing base and localise advanced pharmaceutical technologies, CEO Basel Ziyadeh c
Gulfnews
20/05/2025
The Reserve Bank of India (RBI) has given an in-principle approval to UAE's Emirates NBD Bank PJSC to set up a wholly owned subsidiary (WOS) in India.
Emirates NBD is currently conducting co
Gulfnews
20/05/2025
Investcorp, a leading global alternative investment firm, on Monday announced that its infrastructure platform has signed a cooperation agreement to invest in a $550 million infrastructure project in
Khaleej Times
20/05/2025
Saudi-based Acwa Power, the world's largest private water desalination company, and a leader in energy transition and first mover into green hydrogen, has announced the signing of MoUs with US compan
Trade Arabia
20/05/2025
NMDC LTS, a business vertical of NMDC Group, a global leader in engineering, procurement, construction (EPC), and marine dredging services, has announced the signing of an MoU to explore the establis
Trade Arabia
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