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.

Quarry Products

For more information on companies in this article

Related Content

April 15, 2015

Saudi Cement’s January-March 2015 profit

Saudi Arabia's cement company, Saudi Cement has garnered SAR 303 million (€76.41 million US$80.79 million) in net profits in the January-March 2015 quarter, representing a year-on-year increase of 5.9% from SAR 286 million registered in the preceding year.

The increase in profitability is attributed to the higher earnings generated from export sales.

boombox1

Highlighted Content

boombox2