Southern Province Cement to see 15% profit increase in Q1: Riyad Capital

12/03/2015 Argaam

Riyad Capital revealed first quarter profit forecasts for a number of Tadawul-listed cement companies, including Saudi Cement, which lead with a 15 percent projection.

 

Riyad Capital – Q1-2015 Estimates

Consensus estimates

Y-o-Y

change

Q1-2014 estimates

Company

Consensus

+2%

178

Yamama Cement

Consensus

+6%

218

Yanbu Cement

Consensus

+1%

160

Qassim Cement

Consensus

+15%

255

Southern Province Cement

Consensus

(8%)

264

Saudi Cement

 

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