Yamamah profit rise

Yamamah profit rise
Published: 23 January 2004

According to Riyadh newsources, the Yamamah Cement Company reported SR 386.6 million profits last year (US$103m) compared with SR 320 million in the previous year. The earning per share also rose from SR 35.5 to SR 42.9 through the same period. The companys capital amounted to SR 450 million and the total owners equity value amounted to SR 1,346 million by the end of 2003.