Saudi Cement Co. — Earnings Release 2012

Feb 13, 2013

SAUDI CEMENT COMPANY ANNOUNCES FINANCIAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2012

3030 · 13/02/2013 16:13:32 · Announcement #28885 · View on Saudi Exchange

SAUDI CEMENT COMPANY ANNOUNCES FINANCIAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2012

Saudi Cement Company announces its financial results for the year ended 31 December 2012 as follows:

1-Net profit is SAR 1.1 Billion compared to SAR 831.2 million for the previous year with an increase of %32.3

2-Earnings per share are SAR 7.20 compared to SAR 5.43 for the previous year.

3-Gross profit is SAR 1.23 Billion compared to SAR 951 million for the previous year with an increase of % 29.3

4-Operating profit is SAR 1.14 Billion compared to SAR 865.1 million for the previous year with an increase of %31.8

5-The main reason for the increase in profit in comparison with previous year is increased local cement and clinker sales as a result of rise in local demand.

6- some comparative figures have been reclassified.

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.