YCC
3060
-9.30%
29.25
-3.00
3060
Riyadh-Mubasher: Yanbu Cement Co. (YCC) posed SAR 246 million in net earnings for the second quarter of 2015, rising 2.07% compared with SAR 241 million in the same period a year earlier.
The six-month earnings rose 1.57% year-on-year from SAR 446 million to SAR 453 million.
The cement producer attributed the profit increase to low cost of sales and decline in zakah provisions despite the fall in miscellaneous revenues.
Source:
Mubasher