Qassim Cement 2Q2016: Earnings fall 31% Y-o-Y on sales drop and hike in production cost, in line
Net income – SAR115mn, -31% Y-o-Y, -15% Q-o-Q, +2% vs. EFGe Gross profit – SAR121mn, -28% Y-o-Y, -17% Q-o-Q, -3% vs. EFGe Net operating profit – SAR115mn, -29% Y-o-Y, -17% Q-o-Q, -3% vs. EFGe Qassim Cement Company has reported
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