Saudi Ceramic Co. — Earnings Release 2012

Feb 21, 2012

Saudi Ceramic Company announces its audited financial results for the year ended 31December 2011.

2040 · 21/02/2012 08:47:54 · Announcement #24217 · View on Saudi Exchange

Saudi Ceramic Company announces its audited financial results for the year ended 31December 2011.

Saudi Ceramic Company announces its audited financial results for the year ended 31December 2011.

1- Net income amounted to SAR 232 million, an increase of 5% compared to previous year SAR 221 million.

2- Earnings per share (EPS) amounted to SAR 9.28 compared to previous year SAR 8.82.

3- Gross profit amounted to SAR 446 million, an increase of 13% compared to previous year SAR 394 million.

4- Operating profit amounted to SAR 244 million an increase of 10% compared to previous year SAR 222 million.

5- The reason for the positive results is due to the growth in the companys production and sales activities as new plants started production, opening new markets inside KSA and abroad.

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