Doha: Qatar National Cement Company (QNCC) yesterday announced the financial statements for the year ended December 31, 2012. The financials revealed a net profit of QR425.3m in 2012 as against QR456m in 2011. The company’s earnings per share (EPS) in 2012 amounted to QR8.66 compared to QR9.29 in 2011. The board of directors recommended a dividend payout per share of QR6, representing 60 percent of nominal value. Qatar National Cement Co is a major producer of ordinary portland cement, sulphate resistant cement, hydrated lime, calcined lime and washed sand in Qatar. The manufacturing units of company are situated at Umm Bab, close to rich raw material deposits, and Al Boaadiat for the washed sand. QNA
