[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

   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.

   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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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.

2015-01-23 16:44:41

On February 5, Hurun Research Institute released Hurun China Top 500 2025, which lists the top 500 non-state-owned enterprises in China and ranks them according to their value. The market value of listed companies is calculated according to the closing price on November 14, 2025, and the valuation of non-listed companies is estimated with reference to the listed companies in the same industry or according to the latest round of financing. This is the seventh time in a row that the Hurun Research Institute has released the "Hurun China Top 500".