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English news

27-Jul-2016

Al Jouf Cement 2Q16 earnings down 15% Y-o-Y on lower selling prices and higher energy cost offsetting solid volume growth; in line

Net income – SAR23mn, -15% Y-o-Y, -8% Q-o-Q, +2% vs. EFGe Gross profit – SAR31mn, -19% Y-o-Y, -12% Q-o-Q, -7% vs. EFGe Net operating profit – SAR23mn, -24% Y-o-Y, -16% Q-o-Q, -8% vs. EFGe   Al Jouf Cement Company has reported it

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