Tabuk Cement Co. — Earnings Release 2012

Feb 23, 2013

TABUK Cement Company announces audited Financial Results for the year ended 31/12/2012

3090 · 23/02/2013 16:04:32 · Announcement #29096 · View on Saudi Exchange

TABUK Cement Company announces audited Financial Results for the year ended 31/12/2012

1-Net profit is 188.95 million riyals compared to 136.90 million riyals for the last year, an increase of 38.02 %.

2-Earnings per share is 2.10 riyals in year 2012 compared to 1.52 riyals for the last year.

3-The gross profit is 217.96 million riyals in year 2012 compared to 157.02 million riyals for the last year, an increase of 38.80 %.

4-The operating profit is 199.42 million riyals in year 2012 compared to 141.15 million riyals for last year, an increase of 41.29 %.

5-The reason for the increase in the profit in the year 2012 compared to the year 2011, due to the increase in the sales value, reduction of both the operation cost and general exp.

6- Re classification to the investments (Islamic) by considering period more than 3 month as a long term investment

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