QCC announces its interim consolidated financial results for the period ended 31/12/2012

QCC announces its interim consolidated financial results for the period ended 31/12/2012

21-01-2013
  1. Qassim Cement Company posted a net profit of SAR 143,027,693 for the fourth quarter of 2012 compared to SAR 146,099,886 for the same quarter of the previous year, which shows a decrease of 2.10% and a growth of 29.52% against the posted net profit of SAR 110,513,776 during the previous third quarter of the current year 2012. 
  2. The gross profit during the fourth quarter is SAR 160,614,837 compared to SAR 165,367,112 for the corresponding period last year, which shows a decrease of 2.87%. 
  3. The operating profit during the fourth quarter is SAR 150,971,804 compared to SAR 156,019,422 for the corresponding quarter last year, which shows a decrease of 3.24%. 
  4. The net profit in twelve months was posted at SAR 560,965,492 compared to SAR 552,900,137 for the same period of the previous year which shows an increase of 1.46%. 
  5. The Earnings per share (EPS) for the twelve months amounted to SAR 6.23 against SAR 6.14 for the same period of the previous year. 
  6. The gross profit during the twelve months was posted at SAR 613,928,587 compared to SAR 609,247,967 for the same period last year, which shows an increase of 0.77%. 
  7. The operating profit during the twelve months was posted at SR 579,743,260 compared to SAR 571,757,280 for the same period of the previous year, showing an increase of 1.40%. 
  8. The reason for the decline in net profit during the fourth quarter over the same period last year was due to lower sales value. 
  9. The reason for the rise in net profit during the twelve months period over the same period last year was due to increase in sales value. 
  10. The reason for the growth in net profit of the fourth quarter compared to the previous third quarter is due to the observance of Ramadan and Eid Al-Fitr holiday which has affected the third quarter sales.


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Qassim Cement produces more than 4 million metric tons of high-quality cement and superior performance. Our professional human capital is employed in our advanced factory that works to achieve the goal of providing high quality products to our customers.

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Qassim Cement Co.| Building No: 4266 | Unit Number: 1 | Buraidah: 52271 - 6735 | Kingdom of Saudi Arabia

Phone : (+966) 16 316-5555

Fax : (+966) 16 381-6041

Email : qcc@qcc.com.sa

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