Saudi Fransi Capital says Saudi Cement profit tops expectations; affirms ‘buy’

15/04/2015 Argaam
Saudi Fransi Capital said Saudi Cement’s first-quarter net profit came ahead of its estimates and the average forecasts by 10 percent. 
 
The cement producer saw its net profit rising six percent year-on-year to SAR 303 million in first quarter from SAR 286 million.  
 
The investment bank reaffirmed its ‘buy’ recommendation on the stock at a target price of SAR 113.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.