Southern Cement 4Q2015 earnings up 22% Y-o-Y on volume growth and cost reduction, above estimate
Net income – SAR298 million, +22% Y-o-Y, +48% Q-o-Q, +9% versus EFGe Gross profit – SAR321 million, +22% Y-o-Y, +49% Q-o-Q, +11% versus EFGe Net operating profit – SAR303 million, +20% Y-o-Y, +48% Q-o-Q, +9% versus EFGe Southe
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