Money and business

The increase in the profits of “City Cement” to 51.53 million riyals in the first quarter

The profits of the city cement company in the first quarter of 2025 increased by 24% to 51.53 million riyals, compared to 41.59 million riyals in the same quarter of last year.
According to the company’s statement on Saudi Arabia’s circulation, the main reason for the net profit for the current quarter is compared to the same quarter of the previous year to:
• High quantity and value of sales for the current quarter.
The main reason for the high net profit for the current quarter, compared to the previous quarter, is due to:
• The high value of sales for the current quarter due to the average price of the sale.
• Other revenues.

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