Qassim Cement Co. announces estimated financial results for year 2013

08/01/2014 00:57 AST

Estimated net profit during the 4th Q 2013 amounted to SAR 135.3 million versus SAR 143 million for the same quarter of last year with a decrease of 5.4 %, compared to SAR 114.7 million for the previous quarter with an increase of 17.97 %.

Estimated gross profit during the 4th Q of 2013 added up to SAR 146.9 million versus SAR 160.6 million for the same quarter of last year, a decrease of 8.53 percent.

Estimated operating profit decreased 8.25% to SAR 138.5million during 4thQuarter of 2013 versus SAR 150.97 million for the same quarter of last year.

While, estimated net profit during 2013 showed an increase of 4.22 percent with SAR 584.6 million versus SAR 560.97 million for the last year 2012.

EPS of Qassim Cement Company during 2013 recorded as SAR 6.5 per share versus SAR 6.23 SAR/Share for the same period last year 2012.

The estimated total gross profit during 2013 is recorded as SAR 644 million versus SAR 613.93 million for the last year 2012, showing an increase of 4.9 %.

The estimated total operating profit of Qassim cement Company during 2013 amounted to SAR 606.3 million versus SAR 579.7 million for the last year 2012, a decrease of 4.58 %.

The main reasons for the decrease in the current quarter Net Profit as compared to the previous one is due to the decline in the value and volume of sales driven by lower demand of cement.

The main reason for increase in yearly net profit is due to the higher sales value and improved financial results of the subsidiary's operation.


Gulfbase.com

News

Qassim Cement awards $298m contract for new Saudi production line

18/08/2025

Saudi-based Qassim Cement Company has announced that it has signed up leading Chinese engineering company Sinoma for setting up a fourth cement production line at its plant site in Buraydah city.

Trade Arabia

Al Jazira Capital recommended Qassim Cement "Overweight"

16/10/2017

Higher than expected net income of SAR 51.2mn (EPS; SAR 0.57) for 3Q2017, indicating a decline of 26.2%YoY and 3.7%QoQ. Revenue came in line with our estimates; however, production cost came blow our

GulfBase

Qassim Cement's yearly net profit yearly net profit reached SAR 586M

07/01/2016

Quarterly net profit of Qassim Cement Co. during the 4th Q 2015 amounted to SAR 140.5 million versus SAR 134.2 million for the same quarter of last year with an increase of 4.69%, compared to SAR 115

GulfBase.com

Most Viewed Companies

Ticker Price Volume

Valuation

QACCO Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
MAADEN 59.55 0.00 (0.00%)
SABIC 54.95 0.00 (0.00%)
SABICAGRINUTRIENTS 116.00 1.00 (0.86%)
YANSAB 30.42 -0.10 (-0.33%)
LUBEREF 94.70 0.75 (0.79%)

Recent News

Ithmaar Holding shareholders approve move to raise capital

09/03/2026

Shareholders of Ithmaar Holding, a Bahrain-based holding company, on Sunday (March 8) approved its plan to raise capital, which includes the cancellation of accumulated losses against share capital a

Trade Arabia

Najran Cement signs up Sinoma for Madinah power grid project

09/03/2026

Saudi-based Najran Cement has awarded a SAR49 million ($13 million) contract to Sinoma International Engineering Limited for the development of an electric grid connection project at Sultanah in the

Trade Arabia

Aramco offers crude in rare tenders as Iran conflict disrupts exports

09/03/2026

Aramco has offered more than 2 ?million barrels of Saudi crude in rare tenders as the US-Iran conflict ?disrupted exports from the Middle East, trade sources said.

The state company offered

Trade Arabia

Aldar commits AED100m to orphans initiative

09/03/2026

Aldar, a leading developer based in the UAE, has committed AED100 million ($27.2 million) to the "Mother of the Nation Endowment for Orphans" initiative, launched by the Endowments and Minors' Funds

Trade Arabia

Al-Majdiah signs $20.48m deal with Emarna Contracting for Riyadh residential project

09/03/2026

Dar Al Majed Real Estate Company (Al-Majdiah) has signed a contract worth SAR77 million ($20.48 million) with Emarna Contracting Company to implement a new residential development in Riyadh's Al-Nada

Trade Arabia

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap