[Original] Saudi Cement: Profit Increased by 8.9% in the Fourth Quarter of 2014

2015-01-23 16:44:41

Saudi Cement, the largest cement producer in Saudi Arabia, posted a higher-than-expected net profit of 269 million riyals (Saudi Arabian currency, SAR) (equivalent to $71.68 million) in the fourth quarter of 2014, up 8.9% from 259.8 million riyals in the same period last year.

沙特阿拉伯

Saudi Arabia

The increase in profits was due to the increase in sales volume and the increase in profits of associated companies.

In 2014, the total profit of Saudi cement reached 1.08 billion riyals, down 4.4% year-on-year.

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Correlation

[Original] Saudi Cement: Profit Increased by 8.9% in the Fourth Quarter of 2014

2015-01-23 16:44:41

CEMPI

91.84

-0.01 -0.01%

CONCPI

86.97

-0.05 -0.06%

CLKPI

96.87

0.00 0.00%

SPPI

41.51

0.00 0.00%

MORPI

73.32

0.00 0.00%

Conch Cement: net profit in the first half of the year was 2.527 billion yuan, down 42.76% from the same period last year.

On the evening of August 26, Conch Cement disclosed its semi-annual report that in the first half of the year, the company realized operating income of 36.927 billion yuan, down 10.88% from the same period last year; the net profit attributable to shareholders of listed companies was 2.527 billion yuan, down 42.76% from the same period last year; the basic earnings per share was 0.48 yuan/share.