Southern Province Cement Co. announced earnings results for the third quarter and nine-month period ended on September 30, 2014. For the quarter, the company boosted its net profit by 52.4% year-on-year to SAR 285 million, helped by higher revenue. Operating profit decreased 6.9% to SAR 175 million.

For the nine months, net profit grew 6.24% on an annual basis to SAR 800 million. Earnings per share (EPS) stood at SAR 5.72, compared to SAR 5.38. Operating income fell to SAR 697 million from SAR 756 million.