Money and business
The profits of “Najran Cement” decreased to 17.19 million riyals in the first quarter
The profits of Najran Cement Company in the first quarter of 2025 decreased by 3.9% to 17.19 million riyals, compared to 17.89 million riyals in the same quarter of last year.
According to the company’s statement on Saudi Arabia’s circulation, the reason for a decrease in net profit during the current quarter compared to the same quarter of the previous year is due to the decrease in sales, despite the decrease in financing expenses.
The reason for a decrease in net profit during the current quarter compared to the previous quarter is due to a decrease in sales and the high cost of production inputs despite the decrease in administrative and public expenses and financing expenses.
According to the company’s statement on Saudi Arabia’s circulation, the reason for a decrease in net profit during the current quarter compared to the same quarter of the previous year is due to the decrease in sales, despite the decrease in financing expenses.
The reason for a decrease in net profit during the current quarter compared to the previous quarter is due to a decrease in sales and the high cost of production inputs despite the decrease in administrative and public expenses and financing expenses.
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