Tabuk Cement Co. — Earnings Release 2013

Apr 15, 2013

Tabuk Cement Company announces the interim financial results for the period ending at 31/3/2013:

3090 · 15/04/2013 17:08:23 · Announcement #30224 · View on Saudi Exchange

Tabuk Cement Company announces the interim financial results for the period ending at 31/3/2013:

1.Realized Net Profit of SR 56.1 Million for the 1Q 2013 compared to SR 49.2 Million for the same quarter last year with an increase of 13.92%. AND compared to SR 45.5 Million for the previous quarter with an increase of 23.3 %

2.Realized Total Profit of SR 62.2 Million for the 1STQ 2013 compared to SR 56.8 Million for the same quarter last year with an increase of 9.4%.

3. Realized Operating Profit of SR 57.8 Million for the 1STQ 2013 compared to SR 52.2 Million for the same quarter last year with an increase of 11.1%.

4. The per share profit for the 3 months period was SR 0.62 compared to SR 0.55 for the same period last year .

5. The increase in profits for the 1ST Q. 2013 compared to same quarter 2012 is due to drop on cost following expenditure monitoring, improvement of plant efficiency and cement sales quantity & value rise,

6. The increase in profits for the 1ST Q. 2013 compared to pervious quarter same quarter is due to drop on cost following expenditure monitoring, improvement of plant efficiency.

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