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07/01/2016 16:40 AST
Quarterly net profit of Qassim Cement Co. during the 4th Q 2015 amounted to SAR 140.5 million versus SAR 134.2 million for the same quarter of last year with an increase of 4.69%, compared to SAR 115 million for the previous quarter with an increase of 22.07%.
The main reasons of increase in net profit are higher sales volume and value, less general and administrative expenses, and higher other income, despite higher zakat expense.
Gross profit during the 4th Q of 2015 added up to SAR 159 million versus SAR 157 million for the same quarter of last year, an increase of 0.83 percent.
Operating profit increased 7.96% to SAR 152.3 million during 4th Quarter of 2015 versus SAR 141 million for the same quarter of last year.
While, net profit during 2015 showed an increase of 4.05 percent with SAR 586 million versus SAR 563.6 million for the last year 2014.
EPS of Qassim Cement during 2015 recorded as SAR 6.52 per share versus SAR 6.26/Share for the same period last year 2014.
The total gross profit during 2015 is recorded as SAR 629 million versus SAR 615 million for the last year 2014, showing an increase of 2.33%.
The total operating profit of Qassim Cement during 2015 amounted to SAR 601.4 million versus SAR 575.5 million for the last year 2014, an increase of 4.49%.
GulfBase.com
18/08/2025
Saudi-based Qassim Cement Company has announced that it has signed up leading Chinese engineering company Sinoma for setting up a fourth cement production line at its plant site in Buraydah city.
Trade Arabia
16/10/2017
Higher than expected net income of SAR 51.2mn (EPS; SAR 0.57) for 3Q2017, indicating a decline of 26.2%YoY and 3.7%QoQ. Revenue came in line with our estimates; however, production cost came blow our
GulfBase
08/01/2014
Estimated net profit during the 4th Q 2013 amounted to SAR 135.3 million versus SAR 143 million for the same quarter of last year with a decrease of 5.4 %, compared to SAR 114.7 million for the previ
Gulfbase.com
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| MAADEN | 59.55 | 0.00 (0.00 |
| SABIC | 54.95 | 0.00 (0.00 |
| SABICAGRINUTRIENTS | 116.00 | 1.00 (0.86 |
| YANSAB | 30.42 | -0.10 (-0.33 |
| LUBEREF | 94.70 | 0.75 (0.79 |
06/02/2026
Over three days at the Kuwait Oil & Gas Show and Conference (KOGS 2026), National Bank of Kuwait took part in dynamic networking activities, expert-led discussions, and targeted knowledge-sharing eng
Kuwait Times
06/02/2026
AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, on Thursday signed a 30-year concession agreement with Aqaba Development Corporation (ADC) to manage an
Trade Arabia
06/02/2026
NMDC Group, a global leader in engineering, procurement, construction and marine dredging, today announced a strong set of financial results for 2025, reporting revenues of AED28.8 billion ($7.84 bil
Trade Arabia
05/02/2026
Invest Qatar, the Investment Promotion Agency of Qatar, and Doha Bank have announced a strategic partnership aimed at further enhancing the ease of doing business for foreign investors entering the Q
Gulf Times
05/02/2026
In celebration of Kuwait's national holidays, in which the country commemorates its beautiful history and achievements, National Bank of Kuwait announced a limited-edition issuance of KWD Visa Prepai
Kuwait Times
Financial Information Co.
Saudi Arabia