Yanbu Cement 2Q16: Earnings fell 35% Y-o-Y on lower volumes and prices and hike in energy cost, ahead of estimate
Net income – SAR159mn, -35% Y-o-Y, -14% Q-o-Q, +18% vs. EFGe Gross profit – SAR170mn, -35% Y-o-Y, -15% Q-o-Q, +14% vs. EFGe Net operating profit – SAR158mn, -37% Y-o-Y, -16%, +14% vs. EFGe Yanbu Cement Company reported prelimi
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