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15/10/2014 16:50 AST
Yamama Cement Co. (Yamama) announces primary financial results for the period ended 30/9/2014 (9 Months).
Net profit amounted during the 3rd Q of 2014 is SAR 137 million versus SAR 148 million for the same quarter of the last year with a decrease of 7.43%, the 3Q 2014 result as compared to SAR 207 million for the previous quarter showed a decrease of 33.82%. And, the net profit during nine months period is SAR 519 million as compared from SAR 693 million for the same period of the last year with a decrease of 25.11%.
The gross profit during the 3rd Q of 2014 reached to SAR 149 million in comparison from SAR 154 million for the same quarter of the last year with a decrease of 3.25%. The gross profit during nine months of year 2014 is recorded as SAR 528 million against SAR 716 million for the same period of the last year, showing a decrease of 26.26%.
The operating profit during the 3rd Q of 2014 is recorded as SAR 136 million with a decrease of 3.55% against SAR 141 million for the same quarter of the last year. The operating profit during nine months period of year 2014 reached to SAR 487 million with a decrease of 28% versus SAR 677 million for the same period of the last year.
According to the Company the main reasons for decrease net profit is decline in the quantity of sales driven by lower demand of cement and increase Zakat provision for current period compared to the same period in the previous year.
GulfBase.com
18/10/2017
Yamama Cement 3Q2017 net income of SAR 29.2mn (EPS, SAR 0.14) came above Al Jazira Capital estimates, which was mainly attributed to higher than expected selling price, indicating a deviation of 35.0
GulfBase
19/04/2017
Yamama Saudi Cement reported a net profit of SR50.8 million ($13.5 million) during the first quarter of 2017, marking a fall of 66 per cent year-on-year (y-o-y), driven by decline in operating profit
Trade Arabia
26/11/2015
Saudi Arabia's Yamama Cement Company signed an SR4.2 billion contract with Germany's ThyssenKrupp Industrial Solutions here Tuesday night to build two new cement plants. The production facilities wi
Arab News
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| SABIC | 61.30 | -0.40 (-0.65 |
| MAADEN | 44.65 | -0.95 (-2.09 |
| SABICAGRINUTRIENTS | 103.60 | 1.00 (0.97 |
| MARBLEDESIGN | 78.90 | 0.00 (0.00 |
| LIMEINDUSTRIES | 12.26 | -0.28 (-2.24 |
18/04/2025
Batelco, a part of Bahrain's leading digital solutions provider Beyon Group, has partnered with Nokia, a global leader in network technologies, up to deploy the kingdom's first private 5G network for
Trade Arabia
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Kuwait Times
18/04/2025
Zain Fintech, the financial services arm of Zain Group, a leading provider of innovative technologies and digital lifestyle communications operating in eight markets across the Middle East and Africa
Kuwait Times
17/04/2025
Bullish on Qatar's macroeconomic prospects, Al Mahhar Holding is exploring options on expanding its manufacturing base for the energy sector over the medium term and aims to diversify into renewables
The Peninsula
17/04/2025
Abu Dhabi-based global entities ADQ, IHC and Modon Holding have entered into a joint venture to form a dedicated infrastructure platform - Gridora - that will actively drive infrastructure developmen
Trade Arabia
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia