Yamama Cement Co. — Earnings Release 2012

Oct 16, 2012

Yamama Cement Co. announces primary financial results for the period ended 30/9/2012 ( 9 Months ) .

3020 · 16/10/2012 08:46:30 · Announcement #27302 · View on Saudi Exchange

Yamama Cement Co. announces primary financial results for the period ended 30/9/2012 ( 9 Months ) .

1.Net profit during the 3rd Q SAR (157) million versus SAR (149) million for the same quarter of the last year with an increase of 5%, compared to SAR (209) million for the previous quarter with decrease 25 %.

2.The gross profit during the 3rd Q SAR (176) million versus SAR (168) million for the same quarter of the last year with an increase of 5%.

3.The operating profit during the 3rd Q SAR (165) million versus SAR (153) million for the same quarter of the last year with an increase of 8%.

4.The net profit during nine months SAR (644) million versus SAR (549) million for the same period of the last year with an increase of 17%.

5.EPS during nine months is SAR (3.18) per share versus SAR (4.06) per share for the same period of the last year. Noting that there is an increase of capital of 50% under the decision of the Extraordinary General Assembly No. 14th which was held in 26/2/2012, which approved the increase of capital by granting one share for every two shares, and so became the capital 2,025 million riyals instead of 1,350 million riyals

6.The gross profit during nine months SAR (701) million versus SAR (597) million for the same period of the last year with an increase of 17 %.

7.The operating profit during nine months SAR (665) million versus SAR (555) million for the same period of the last year with an increase of 20%.

8.The main reason for increase in the net profit for nine months compared to the same period of the last year and for the increase in the net profit for the 3rd Q compared to the same period of the last year are to increase in sold quantities due to the increase in the domestic demand.

9.The main reason for decrease in the net profit for the 3rd Q compared to the previous quarter to the lower sold quantities during month of Ramadan and Eid al-Fitr.

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