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Yanbu Cement Q1 profits up 0.98%

Yanbu Cement Q1 profits up 0.98%
Yanbu Cement Co
YCC
3060
0.00% 32.25 0.00

Riyadh-Mubasher: Yanbu Cement Co recorded SAR 207 million in net earnings during the first quarter of 2015, rising 0.98% year-on-year from SAR 205 million and 7.25% quarter-on-quarter from SAR 193 million.

The company ascribed the profit growth to a rise in low-cost sales and a decline in the subsidiary’s high-cost sales.