Tabuk Cement Co. reported a net profit after zakat and tax of SAR 17.63 million for the first nine months of 2019, as compared to a net loss of SAR 66.49 million a year earlier.
The rise was driven by increased revenues as a result of improved selling prices and an increase in marketing expenses.
|Gross Income||(13.83)||40.56||393.3 %|
|Operating Income||(47.48)||21.93||146.2 %|
|Net Income||(66.49)||17.64||126.5 %|
|EPS (Riyal)||(0.74)||0.20||126.5 %|
In Q3 2019, the company posted a net profit after zakat and tax of SAR 5.03 million as compared to a net loss of SAR 19.19 million due to improved selling prices despite lack of sales volumes.
|P/E Before Unusual Items (TTM)||NEG|
|Market Cap. (M)||1,486.80|
|Return on Average Assets||(0.81 %)|
|Return on Average Equity||(1.31 %)|