Yamama Cement Co. — Earnings Release 2012

Apr 10, 2012

Yamama Cement Co. announces primary financial results for the period ended 31/3/2012 (Three Months).

3020 · 10/04/2012 15:56:27 · Announcement #25080 · View on Saudi Exchange

Yamama Cement Co. announces primary financial results for the period ended 31/3/2012 (Three Months).

1.Net profit during the 1st Q SAR (278) million versus SAR (180) million for the same quarter of last year with an increase of 54%, compared to SAR (191) million for the previous quarter with an increase of 46%.

2.Gross profit during the 1st Q SAR (300) million versus SAR (196) million for the same quarter of last year with an increase of 53%.

3.Operating profit during the 1st Q SAR (287) million versus SAR (184) million for the same quarter of last year with an increase of 56%.

4.EPS during the 1st Q 1.37 SAR/Share versus 1.33 SAR/Share for the same quarter of last year.

Noting :-There is an increase of the capital of 50% under the decision of EGA. No.14 , which was held on 26.02.2012 which approved the increase of capital be granting one share for two shares ,so that capital will be 2,025 million instead of 1,350 million .

5.The main reason for the increase in the net profit to increase the quantity sold and the operational efficiency of the company.

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