Saudi-based Qassim Cement Co has said its consolidated net profit rose 7.65% to SR158.4m for the first quarter of 2012 from SR147.2m for the same period of previous year, Arab News has reported. This shows an increase of 8.45% against the posted net profit of SR146.1m during the previous last quarter of the year 2011. Consolidated gross profit during the first quarter also climbed 4.87% to SR171m, compared with SR163m for the corresponding period last year. Source: uaecement
Source:
http://www.uaecement.com/newsDetail.aspx?id=494
