Yanbu Cement’s Q3 2019 profit beats forecast: Riyad Cap

03/11/2019 Argaam

Yanbu Cement Co.’s Q3 2019 net profit of SAR 61 million exceeded Riyad Capital’s estimate of SAR 45 million, the brokerage firm said in a recent earnings note.

 

Riyad Capital affirmed “buy” recommendation on the stock with a target price of SAR 41.

Riyad Capital - Yanbu Cement 03/11/2019

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