Jul 13 2011 |
more articles from
|
Yamama Saudi Cement 2Q Profit Up 15% To SAR220 Million
Wednesday, Jul 13, 2011
(This story was originally published Tuesday.)
RIYADH (Zawya Dow Jones)-- Yamama Saudi Cement Co. (3020.SA) said Tuesday its second-quarter profit rose 15% year on year to 220 million riyals ($58.7 million) due to higher sales and demand.
Riyadh-based NCB Capital had expected the firm to post a second quarter net profit of SAR226 million, while analysts at Cairo-based Beltone Financial had penciled in SAR155 million.
First-half earnings per share came in at SAR2.96 versus SAR2.65 a year ago, the company said in a statement posted on the Saudi bourse website. Operating profit for the three-month period rose to SAR218 million, compared with SAR188 million in the year-earlier period, it said.
-By Summer Said, Dow Jones Newswires; +966-546-842373; summer.said@dowjones.com
Copyright (c) 2011 Dow Jones & Co.
(END) Dow Jones Newswires
13-07-11 0357GMT
Zawya Comment Policy
-
Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse. - The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
- Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
- By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
Copyright © 2012 Zawya Ltd. All rights reserved. |
provided by www.zawya.com |
Post Your Comment