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Yanbu Cement profit jumps 22% in Q3, 36% in 9 months

Yanbu Cement profit jumps 22% in Q3, 36% in 9 months
YCC
3060
0.93% 32.70 0.30

Yanbu Cement Co. (YCC) posted SAR 152 million net profit for Q3-12, rising 22% Y-o-Y from SAR 124.9 million, but dropping 30% Q-o-Q from SAR 215.6 million.

The cement producer generated SAR 512.4 million (SAR 4.88 per share) net profit in the first nine months of FY12, jumping 36% from SAR 375.9 million (SAR 3.58 per share) in prior-year period.