Qassim Cement posts Q4, full-year net earnings growth

Saudi Arabia-based Qassim Cement reported that its net earnings for 2015 reached SAR 586 million (€142.95 million/US$ 156.14 million), a 4% improvement from SAR 564 million in 2014. The cement company posted an increase of 4.6% in net earnings year on year from SAR 134 million to SAR 141 million in the fourth-quarter of 2015.
January 11, 2016 Read time: 1 min

Saudi Arabia-based 8035 Qassim Cement reported that its net earnings for 2015 reached SAR 586 million (€142.95 million/US$ 156.14 million), a 4% improvement from SAR 564 million in 2014.

The cement company posted an increase of 4.6% in net earnings year on year from SAR 134 million to SAR 141 million in the fourth-quarter of 2015.

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