Tabuk Cement Co. — Earnings Release 2011

Feb 25, 2012

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

3090 · 25/02/2012 08:43:10 · Announcement #24318 · View on Saudi Exchange

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

1-Net profit is 136.9 million riyals compared to 120.9 million riyals for the last year, an increase of 13.19 %.

2-Earnings per share is 1.52 riyals compared to 1.34 riyals for the last year.

3-The gross profit is 157 million riyals compared to 135.4 million riyals for the last year, an increase of 15.95 %.

4-The operating profit is 141.1 million riyals compared to 120.3million riyals for last year, an increase of 17.3 %.

5-The reason for the increase in the profit in the year 2011 compared to the year 2010, IS due to the increase of local demand and increase of plant operation efficiency.

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