JOUF CEMENT
3091
-1.55%
11.40
-0.18
3091
Al Jouf Cement Co. posted SAR 20.7 million net profit for the fourth quarter of 2014, with an increase by 160.49% year-over-year from SAR 7.9 million and 141.26% quarter-on-quarter from SAR 8.6 million.
Meanwhile, FY14 net profit amounted to SAR 60.4 million, with a rise by 11.69% from SAR 54.1 million a year earlier.
The company attributed the profit rise to higher sales and lower cost of sales.
Photo Credit: Arabianeye-Reuters
Source:
Mubasher