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 61.65 -1.45 (-2.30%)
SABIC 53.45 0.05 (0.09%)
SABICAGRINUTRIENTS 125.00 0.00 (0.00%)
LUBEREF 126.60 4.30 (3.51%)
YANSAB 29.40 -0.02 (-0.07%)

Recent News

OQEP, Turkish Petroleum secure Block 80 concession

25/06/2026

Oman's Ministry of Energy and Minerals on Wednesday signed an Exploration and Production Sharing Agreement (EPSA) for offshore Block 80 with OQ Exploration and Production (OQEP) - Musandam Offshore a

Muscat Daily

NBK continues to enhance its premium banking services, offers exclusive benefits

25/06/2026

In line with its commitment to meeting the aspirations of its diverse customer base and providing a comprehensive banking experience that meets the highest standards of quality and innovation, Nation

Kuwait Times

'Converting to a Sustainable Path': GBK achieves significant reduction in carbon emissions in 2025

25/06/2026

Mnakh Research & Studies highlighted a number of notable achievements featured in Gulf Bank's 2025 ESG Report, titled "Converting to a Sustainable Path." The report covers the Bank's operations in Ku

Kuwait Times

Zain showcases expertise to support leadership growth in Kuwait oil sector

25/06/2026

Zain Kuwait held a specialized training program titled 'Executive Pitching & Innovation Tools for Strategic Problem-Solving' for a group of senior talent from Kuwait National Petroleum Company (KNPC)

Kuwait Times

e& unveils OneWork for secure sovereign collaboration in the UAE

25/06/2026

e& UAE, the flagship telecom arm of global technology group e&, has announced the launch of OneWork, a fully sovereign, cloud-based unified communication and collaboration platform built within the U

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