Eastern Cement’s profits increased 14.5% to 63 million riyals in the second quarter

The net profits of the Eastern Cement Company during the second quarter of 2025 increased by 14.5% to 63 million riyals, compared to 55 million riyals during the same quarter of the previous year.
The company revealed in a statement to “Tadawul Saudi Arabia”, today, Thursday, that the net profit declined from the first half of 2025 by 6% to 125 million riyals, compared to 139 riyals during the same period of the previous year 2024.
The high profits of “Eastern Cement” during the second quarter, according to the statement, are due to the high amount and value of cement sales and previously -made concrete, low public and administrative expenses, profits from the share and the decrease in the decline in the value of the investment in the colleague company, in addition to the decrease in losses from re -evaluating investments by fair value through profit or loss.
As for the decrease in profits during the first half of this year, the company said that it is due to the high sales and marketing expenses, and the low profits and revenues distributions
Mrabiha, low revenues and other expenses, in addition to losses of property exclusion, machines, equipment, and zakat expenses.

Distribution of profits for the first half

In a related context, the company announced the decision of the Board of Directors to distribute cash profits to the shareholders for the first half of the year 2025, with an amount of 51.6 million riyals.
She explained that the number of shares of profit is 86 million shares, and the share share of the distribution is 0.6 riyals, with a distribution rate of 6% of the nominal value.
The date of the right to distribute profits will begin next August 24, while the distribution begins on September 11.