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- Investor confidence in Adnoc Drilling soars after landmark majlis event
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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 | 67.20 | 0.75 (1.12 |
| SABIC | 60.90 | 0.10 (0.16 |
| SABICAGRINUTRIENTS | 120.90 | 0.90 (0.75 |
| LIMEINDUSTRIES | 12.16 | 0.11 (0.91 |
| YANSAB | 34.32 | 0.08 (0.23 |
13/10/2025
Adnoc Drilling is riding a wave of investor optimism following the recent Adnoc Investor Majlis, held last Wednesday in Abu Dhabi. The event, which brought together global and regional investors, ana
Khaleej Times
13/10/2025
A green hydrogen and ammonia project is set to take shape in the Kingdom after Saudi Arabia Refineries Co. signed a non-binding memorandum of understanding with UAE-based Go Energy.
The dea
Arab News
10/10/2025
As part of its continuous preparations for the highly anticipated Gulf Bank 642 Marathon, scheduled to take place on November 29, Gulf Bank has proudly announced the launch of the second edition of t
Kuwait Times
10/10/2025
The Saudi Water Partnership Company (SWPC) has announced that Alkhorayef Water and Power Technologies, a leading player in the kingdom's utility sector, has emerged as the preferred bidder for the Sm
Trade Arabia
10/10/2025
Saudi Aramco completed the acquisition of an additional 22.5 percent stake in Rabigh Refining and Petrochemical Co., known as Petro Rabigh, from Japan's Sumitomo Chemical Corp. for $702 million.
Arab News
Financial Information Co.
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