3040 · 04/02/2015 16:20:02 · Announcement #37008 · View on Saudi Exchange

Qassim Cement Company announces its annual consolidated financial results ended 31/12/2014

Element Current year Previous year % Change
Net profit (loss)
563,609,990
585,005,146
-3.66
Earning or loss per share, Riyals
6.26
6.5
-
Gross profit (loss)
615,347,256
644,027,445
-4.45
Operational profit (loss)
575,525,196
606,273,753
-5.07

*All figures are in Saudi Arabia, Riyals

Element EXPLAINATION
Reasons of annual financial results Decrease in the volume and value of sales driven by lower demand on cement.

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