Yamama Cement Co. — Earnings Release 2011

Oct 9, 2011

Yamama Saudi Cement Co. announces estimated financial results for the period ended 30/9/2011 ( Nine Months ) .

3020 · 09/10/2011 09:20:35 · Announcement #22787 · View on Saudi Exchange

Yamama Saudi Cement Co. announces estimated financial results for the period ended 30/9/2011 ( Nine Months ) .

1.Estimated net profit during the 3ed Q SAR (149) million versus SAR (140) for the same quarter of the last year with an increase of 6%, compared to SAR (220) million for the previous quarter with decrease 32% and the reason for decline to lower sales volume during month of Ramadan and Eid al-Fitr.

2.The estimated gross profit during the 3edQ SAR (168) million versus SAR (155) million for the same quarter of the last year with an increase of 8%.

3.The estimated operating profit during the 3ed Q SAR (153) million versus SAR (144) million for the same quarter of the last year with an increase of 6%.

4.Estimated net profit during nine months SAR (549) million versus SAR (497) million for the same period of the last year with an increase of 10%.

5.EPS during nine months is SAR (4.06) per share versus SAR (3.68) per share for the same period of the last year.

6.The estimated gross profit during nine months SAR (597) million versus SAR (533) million for the same period of the last year with an increase of 12%.

7.The estimated operating profit during nine months SAR (555) million versus SAR (500) million for the same period of the last year with an increase of 11%.

8.The main reason for increase in the estimated net profit is the increase sales from the previous period. Some figures have been reclassified in B/S for the provirus period in accordance with the current period presentation.

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