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Al Jazira Capital recommended Qassim Cement "Overweight"
(GulfBase - 16/10/2017)

Higher than expected net income of SAR 51.2mn (EPS; SAR 0.57) for 3Q2017, indicating a decline of 26.2%YoY and 3.7%QoQ. Revenue came in line with our estimates; however, production cost came blow our estimates by 4.8% . Deviation in net income is mainly