26/10/2013
Despite the availability of monthly information
Low forecasts for the cement sector in the third quarter
The cement sector companies announced their results, is a group of companies which finance companies covered in the analysis. We will address in our corporate performance, and compared with expectations through financial firms to see how much improvement and growth and expectations, beside analysis will focus on the six companies announced their results and covered, and there are no companies are covered and did not declare the results. Undoubtedly, announcing the results contribute to rearrange sheets for traders, and review the prices of companies in the market trends. The variables used were forecasts of profitability for the third quarter of 2012 for financial expertise, compared with the third quarter results for the year 2012, as compared to the previous quarter and the comparable quarter to determine future directions.
Sector performance and expectations of companies that announced their results until today seven companies, six companies were covered in our analysis, the average forecast for the six companies to 940 million, while it made $ 864 million, less than expectations. At the same time, the six companies in the past quarter 1385.09 million, in the quarter compared to 873 million. The result shows that the third quarter saw a decline in profitability can be attributed to Ramadan and maintenance, as well as from contracting activities decreased due to faltering companies. Decline can be traced to declining sales, perhaps because the production capacity because of scheduled maintenance or problems in production lines to the other. the decline in growth occurred comparative both Yanbu cement ' and ' cement ' and ' South ', and cement the decline in growth from the previous quarter in all companies covered by the analysis, as is evident from the table, while the remaining companies have achieved double-digit growth. The situation reflects an improvement in the performance of some companies, and declined in others.
Performance of Hermes covered five out of six, not covered ' cement city ', and is also the top companies cover the cement, exceeded expectations performance of four companies, while less than one; what makes a successful standard of 20 percent. Al-Bakhit covered three out of six companies, and not covers the ' cement ' and ' South ' and ' Qassim cement, exceeded expectations performance of the two companies, while less than one; what makes success criteria 34 per cent. Performance capital investment company covered five out of six, not covered ' cement city ', and is also the top companies cover the cement, exceeded expectations performance of four companies, while less than one; what makes a successful standard of 20 percent.
Performance gain covered four out of six, not covered ' cement city ' and ' cement ', exceeded expectations performance of four firms; what makes the success criterion. Performance of the NCB covered five out of six, not covered ' cement city ', and is also the top companies cover the cement, exceeded expectations performance of three companies, while less two; what makes a successful standard of 40 percent. Performance of Al Rajhi capital covered three out of six companies, not covered ' cement city ' and ' the Yanbu cement ' and ' South ' cement, exceeded expectations performance of three companies; what makes the success criterion. The performance of a country out of six companies covered and not covered ' Yanbu cement, exceeded expectations performance only company covered; what makes the success criterion.
Performance aljazira covered five out of six, not covered ' cement city ', and is also the top companies cover the cement, exceeded expectations performance of three companies, while less two; what makes a successful standard of 40 percent. Icing seems to be blurred image in foresee the cement sector despite the availability of monthly data on production, there were strong expectations help predict the Aisha.
