Qassim Cement Co. — Earnings Release 2013

Feb 5, 2014

The Qassim Cement Co announces the annual financial results for the period ending on 31-12-2013

3040 · 05/02/2014 08:28:13 · Announcement #33198 · View on Saudi Exchange

The Qassim Cement Co announces the annual financial results for the period ending on 31-12-2013

Element	Current year	Previous year	% Change
Net profit (loss)	585,005,146	560,965,493	4.29
Earning or loss per share, Riyals	6.5	6.23	-
Gross profit (loss)	644,027,445	613,928,587	4.9
Operational profit (loss)	606,273,753	579,743,382	4.58

*All figures are in Saudi Arabia, Riyals

Element	EXPLAINATION
Reasons of annual financial results	Higher sales volume,lower costs and improved financial results of the subsidiary's operation.
Reclassifications in annual financial results	Some corresponding figures have been reclassified for the year 2012 to conform with the presentation of the current year 2013.

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