Arabian Cement Co. — Earnings Release 2011

Feb 20, 2012

ARABIAN CEMENT COMPANY ANNOUNCES AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 31/12/2011

3010 · 20/02/2012 16:22:45 · Announcement #24205 · View on Saudi Exchange

ARABIAN CEMENT COMPANY ANNOUNCES AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 31/12/2011

Arabian Cement Company announces audited Financial Results for the year ended 31/12/2011

1-Net profit is 407.2 million riyals compared to 255.4 million riyals for the last year, an increase of 59.4 %.

2-Earnings per share is 5.09 riyals compared to 3.19 riyals for the last year.

3-The gross profit is 503.9 million riyals compared to 318.9 million riyals for the last year, an increase of 58 %.

4-The operating profit is 447 million riyals compared to 288 million riyals for last year, an increase of 55.2 %.

5-The reason for the increase in the profit in the year 2011 compared to the year 2010, due to the increase in the production and sales.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.