Al Jouf Cement Co. reported a net profit after zakat and tax of SAR 1.6 million for H1 2019, against a net loss of SAR 9.6 million a year earlier due to higher sales volumes, average selling prices and other income.
|Gross Income||6.00||13.55||125.8 %|
|Operating Income||(7.40)||2.27||130.6 %|
|Net Income||(9.60)||1.61||116.8 %|
|EPS (Riyal)||(0.07)||0.01||116.7 %|
In Q2 2019, the Saudi cement producer posted a net profit after zakat and tax of SAR 0.1 million, against a net loss of SAR 13.7 million a year earlier, backed by lower operating expenses and higher sales volumes.
When compared to the previous quarter, net profit plunged 93.3 percent, hit by a decrease in sales volumes and other income.
|P/E Before Unusual Items (TTM)||NEG|
|Market Cap. (M)||1,185.47|
|Return on Average Assets||(1.22 %)|
|Return on Average Equity||(1.79 %)|