- RIYADH: Saudi Cement Company said its net profit for the second quarter which ended on June 30, 2011 was SR213.7 million compared to SR190.6 million for the corresponding quarter of last year, an increase of 12.1 percent, and compared with SR210.8 million for the previous quarter, an increase of 1.4 percent, according to information posted on Tadawul website on Saturday.
Gross profit for the second quarter was SR243.4 million compared to SR219.9 million for the corresponding quarter of last year, an increase of 10.7 percent.
Net profit for the six months was SR424.6 million compared to SR367.2 million for the corresponding quarter of last year, an increase of 15.6 percent.
Earnings per share for the six months were SR2.78 compared with SR2.40 for the corresponding period of last year.