Financial Results : Hail Cement’s net profit jumps 78% to SAR 40 mln in Q1 2020

Hail Cement’s net profit jumps 78% to SAR 40 mln in Q1 2020

23/04/2020 Argaam Exclusive

View other reports

Hail Cement Co. reported a net profit after Zakat and tax of SAR 40 million for the first quarter of 2020, a rise of 78.4% year-on-year (YoY), thanks to higher sales revenue and lower expenses.



Current Quarter Comparison (M)

Compared With The
Item Q1 2019 Q1 2020 Change‬
Revenues 68.57 119.46 74.2 %
Gross Income 27.17 55.02 102.5 %
Operating Income 21.52 48.19 123.9 %
Net Income 22.55 40.22 78.4 %
Average Shares 97.90 97.90 -
EPS (Riyals) 0.23 0.41 78.4 %

The first quarter net profit after Zakat and tax also rose by 27.9% when compared to Q4 2019.

Kindly, you can view the full report by subscribing to the

The report contains the details of the financial statements, The most important financial indicators, Historical information, Charts, and Forecasts of experts.

Contact Us (+966)-92000-7759

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

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

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
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.