Qassim Cement’s board proposes SAR 54m dividends

Riyadh – Mubasher: The board of Qassim Cement Co. has recommended the distribution of SAR 54 million or SAR 0.6 per share.

The dividends will be paid on 14 May, according to a company statement released on Tuesday.

The Tadawul-listed company posted a 2% year-on-year profit drop in the first quarter of 2019.

The Saudi cement producer’s net profits retreated to SAR 56 million in the first three months of 2019, compared to SAR 57.2 million in the prior-year period.

Mubasher Contribution Time: 23-Apr-2019 17:14 (GMT)
Mubasher Last Update Time: 23-Apr-2019 17:14 (GMT)