Qatar National Cement profit slightly up

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Qatar: Qatar National Cement Company (QNCC) has reported that its profit for the nine months ending on 30 September 2015 was US$98.6m, compared to US$91.2m in the same period of 2014. This represents a year-on-year rise of 8.1%. Revenue for the nine months to 30 September 2015 was US$233m, compared to US$212m for the nine months to 30 September 2014, a rise of 9% year-on-year.

The company's gross profit for the nine months to 30 September 2015 was US$96.2m, compared to US$93m for the same period of 2014. QNCC's other income for the nine months to 30 September 2015 was US$10.8m, compared to US$6.5m for the same period of 2014.

Last modified on 11 November 2015

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