YCC
3060
0.00%
32.25
0.00
3060
Riyadh - Mubasher: The board of Yanbu Cement Company approved in its decision on 22 December the cost of the early settlement program (Golden Cheque), which totalled SAR 22.4 million, according to a bourse filing.
Yanby said in a statement to the Saudi Stock Exchange (Tadawul) on Monday that the amount represents 10.7% of the company’s profits in the same quarter in 2015, it worth noting that the cost negative effect is only limited to the profits of the fourth quarter of 2016.
Source:
Mubasher