Money and business

The increase in the profits of “City Cement” to 36.38 million riyals in the second quarter


The profits of the city’s cement company in the second quarter of 2025 increased by 30.9% to 36.38 million riyals, compared to 27.78 mileon riyals in the same quarter of last year. />
The main reason for the decrease in the net profit for the current quarter compared to the previous quarter is due to the decrease in the value of the sales for the current quarter due to the decrease in the average selling price. The Board of Directors of the City Cement Company, today, distributing cash dividends to shareholders for the first half of the year 2025 AD and from the balance of the profits. Distribution: 02-03-02 corresponding to 2025-08-25.

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