- RIYADH: Qassim Cement Company posted a consolidated net profit of SR144,650,931 for the second quarter of 2011 compared to SR135,762,374 for the same quarter of previous year, which shows an increase of 6.55 percent, according to information posted on Tadawul website on Saturday.
The consolidated gross profit during the second quarter is SR154,911,440 compared to SR149,523,243 for the corresponding period last year. The consolidated operating profit during the second quarter is SR145,599,473 compared to SR141,065,833 for the corresponding quarter last year, which shows an increase of 3.21 percent.
The consolidated net profit in six months was posted at SR291,827,397 compared to SR280,989,122 for the same period of the previous year which shows an increase of 3.86 percent. The earnings per share (EPS) for the six months amounted to SR3.24.

