Saudi Arabia: Qassim Cement reports lower-than-expected 3Q16 profits

Saudi Arabia: Qassim Cement reports lower-than-expected 3Q16 profits
Published: 11 October 2016


Saudi Arabia’s Qassim Cement reported a profit of SAR70.4m (US$18.8m) in 3Q16 and an operating profit of S AR78.3m. The results were lower than expected, according to Al Rahji Capital, who had estimated them at SAR86m and SAR91m, respectively.





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