Jul 12 2011 |
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Tabuk Cement Company announces the interim financial results for the period ending at 30/6/2011 (six month)
Tabuk Cement Company announces the interim financial results for the period ending at 30/6/2011:1.Realized Net Profit of SR 42.91 Million for the 2Q2011 compared to SR 41.71 Million for the same quarter last year with an increase of 3% and compared to SR 41.22 Million for the previous quarter with an increase of 5%
2.Realized gross Profit of SR 44.99 Million for the 2Q2011 compared to SR 41.61 Million for the same quarter last year with an increase of 8%.
3.Realized Operating Profit of SR 41.67 Million for the 2Q2011 compared to SR 38.02 Million for the same quarter last year with an increase of 10%.
4.Realized Net Profit of SR 84.13 Million for the 6 months period compared to SR 75.73 Million for the same period last year with an increase of 11%
5.The per share profit for the 6 months period was SR .93 compared to SR .84 for the same period last year
6.Realized gross Profit of SR 92.21 Million for the 6 months period compared to SR 79.78 Million for the same period last year with an increase of 16%
7.Realized Operating Profit of SR 84.63 Million for the 6 months period compared to SR 72.72 Million for the same period last year with an increase of 16%
8.The increase in profits for 2Q2011 is due to increase in sales quantities which is the result of high demand in the local market.
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