Qatar Cement Co. Discloses Net Profit of QR 117.9 Million in the Q1

Doha, April 16 (QNA) - Qatar National Cement Company has disclosed the interim financial statement for the three month period ended March 31, 2012. The financial statements revealed a net profit of QR 117.9 Million in comparison to QR 113.7 Million for the corresponding period in 2011, the Company said in a statement published on the (Qatar Exchange) website on Monday. The Earnings per Share (EPS) amounted to QR 2.40 as of March 31, 2012 versus QR 2.32 of the same period in 2011. Qatar National Cement Company is a major producer of Ordinary Portland Cement, Sulphate Resistant Cement, Hydrated Lime, Calcined lime and Washed Sand in State of Qatar. It was established in 1965 to produce Ordinary Portland Cement in sufficient quantity to meet the demand of cement in the State of Qatar. (QNA)