GulfBase GCC Cap Indices
Large Cap4,023 0.80
Med Cap3,850 0.49
Small Cap4,907 0.91
Micro Cap8,519 0.62

Research Reports

Quick Links

Most Viewed News

Most Viewed Companies

Ticker Price Volume
GFH 0.46 3,578,848
QNBK 135.9 109,396
SABIC 98.06 2,513,945
DSI 0.39 45,711,538
AMLAK 1.09 12,534,009
AIRARABIA 1.12 4,055,524
EEC 18.03 354,774

Yamamah Cement

Source: NCB Capital

3Q10 results above expectations

Yamama Cement Company (YSCC) announced better than expected 3Q10 result on 12 October 2010. Net profit grew 12% YoY beating our expectation by 9% and particularly impressive considering sales volume declined by 8% YoY in 3Q10. We await the full financials before updating our model.

• Gross profit – grew 12% in 3Q10 to SR155mn, 10% above our forecast. 3Q10 came in 22% down on 2Q10.

• Operating profit - grew 12% YoY in 3Q10 to SR144mn, 9% above our forecast. 3Q10 came in 23% down on 2Q10.

• Net profit – was up 12% YoY in 3Q10 to SR140mn, 9% above our forecast. However, on QoQ basis net profit was down 27%.

• EPS – went up 12% YoY to SR1.04, 9% above our forecast.

Click here to download the complete report
GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend


Looking ahead, what change you are more likely to make in investing in your domestic stock market?