Yamama Cement’s Q2 2019 income misses expectations: Riyad Capital

  • YC(0.32%)
04/08/2019 Argaam

 

Yamama Cement’s net income of SAR 53 million in Q2 2019 came below expectations of analysts’ expectations of SAR 58 million, Riyad Capital said in a research note.
 

The research firm downgraded its recommendations to “Neutral” without changing the target price at SAR 21 per share. 

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