Oct 15 2011 |
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Saudi's Tabuk Cement Posts 3.9% Rise In 3Q Net On Higher Sales
Saturday, Oct 15, 2011
RIYADH (Zawya Dow Jones)--Saudi Arabia's Tabuk Cement Co. (3090.SA) said Saturday its third-quarter net profit rose 3.9% year-on-year to 24.7 million Saudi riyals ($6.6 million) due to higher sales and demand.
Third-quarter operating profit increased 8.5% to SAR25.8 million from the year-earlier period, the cement maker said in a statement posted on the Saudi bourse website.
Earnings per share for the first nine months of the year came in at SAR1.21 compared with SAR1.11 in the corresponding period in 2010.
-By Summer Said, Dow Jones Newswires; +966-546-842373; summer.said@dowjones.com
15-10-11 1349GMT
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