Qassim Cement Co. — Earnings Release 2015

Apr 9, 2015

Qassim Cement Company announces its consolidated financial results for the period ended 31/03/2015 (Three Months)

3040 · 09/04/2015 15:57:04 · Announcement #38019 · View on Saudi Exchange

Qassim Cement Company announces its consolidated financial results for the period ended 31/03/2015 (Three Months)

Element	Current quarter	Similar quarter for previous year	% Change current	Previous quarter	% Change previous
Net profit (loss)	162,709,721	159,046,908	2.3	134,225,028	21.22
Gross profit (loss)	176,484,933	169,753,144	3.97	157,707,286	11.91
Operational profit (loss)	167,000,163	161,744,022	3.25	141,111,811	18.35
Earning or loss per share, Riyals	1.81	1.77	-	-	-
All figures are in Saudi Arabia, Riyals

Element	EXPLAINATION
Reasons of increase (decrease) for quarter compared with same quarter last year	Higher sales value and volume in addition to the improved results of the subsidiary's operation.
Reasons of increase (decrease) for quarter compared with previous quarter	Higher sales value and volume in addition to the improved results of the subsidiary's operation.

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