3040 · 08/04/2012 17:06:26 · Announcement #25040 · View on Saudi Exchange

Qassim Cement Company announces its interim consolidated financial results for the first quarter of the year 2012 for the period ended 31/03/2012 (three months)

1.Qassim Cement Company posted a consolidated net profit of SAR 158,442,456 for the first quarter of 2012 compared to SAR 147,176,466 for the same period of previous year, which shows an increase of 7.65% and showing an increase of 8.45% against the posted net profit of SAR 146,099,886 during the previous last quarter of the year 2011.

2.The consolidated gross profit during the first quarter is SAR 170,615,930 compared to SAR 162,696,594 for the corresponding period last year, which shows an increase of 4.87%.

3.The Consolidated operating profit during the first quarter is SAR 162,195,404 compared to SAR 151,687,337 for the corresponding quarter last year, showing an increase of 6.93%.

4.The Earnings per share (EPS) for the three months amounted to SAR 1.76 against SAR 1.64 for the same period of the previous year.

5.The reason for the rise in net profit over the same period last year was due to improvement in sales value.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.