Jul 13 2011 |
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Saudi's Tabuk Cement 2Q Net Pft +3% At SAR42.9M Vs Yr Ago
Wednesday, Jul 13, 2011
(This story was originally published Tuesday.)
RIYADH (Zawya Dow Jones)--Saudi Arabia's Tabuk Cement Co. (3090.SA) said Tuesday its second-quarter net profit rose 3% year on year to 42.9 million Saudi riyals ($11.4 million) due to higher sales and demand.
Second-quarter operating profit increased 10% to SAR41.7 million, from the year-ago period, the cement maker said in a statement posted on the Saudi bourse website.
Tabuk Cement shares finished trading up 0.2% Tuesday at SAR24.90.
Copyright (c) 2011 Dow Jones & Co.
(END) Dow Jones Newswires
13-07-11 0358GMT
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