Tabuk Cement 1Q2016 earnings fall 32% Y-o-Y on lower selling prices and hike in cost of sales, miss estimate
Net income – SAR22 million, -32% Y-o-Y, -2% Q-o-Q, -14% versus EFGe Gross profit – SAR26 million, -31% Y-o-Y, -6% Q-o-Q, -14% versus EFGe Net operating profit – SAR22 million, -33% Y-o-Y, -5% Q-o-Q, -14% versus EFGe Tabuk Ceme
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