Yanbu Cement Jan-Sept 2004 net profit increase, Saudi Arabia

Saudi cement producer Yanbu Cement Company (YCC) posted a net profit of SAR337.5m  (US$90m) for the first nine months of 2004, up by 12.9 per cent YoY.

YCC registered earnings per share (EPS) of SAR16.08 (US$4.29), up from SAR14.24 (US$3.79). Net sales rose to SAR593m  (US$158.1m) from SAR566m (US$150.9m).