Al-Yamamah Steel’s quarterly profits jump 719% to 37.6 million riyals

Al Yamamah Steel Industries Company’s profits jumped "Al Yamama Steel" In the first quarter ending December 31, 2025 of the fiscal year, by 719%, reaching 37.6 million riyals, compared to 4.6 million riyals in the same quarter of last year.

According to the company’s statement on the website "Saudi Arabia trading"The main reason for the increase in net profit by 719.03% is due to the increase in sales in the electricity and renewable energy sectors by 34.27% and 77.94%, respectively, and the decrease in the cost of sales in the electricity and renewable energy sectors by 13.32% and 9.05%, respectively.

The main reason for the increase in net profit on a quarterly basis, by 111.95%, is due to the increase in the selling prices of products in the electricity and renewable energy sectors by 4.22% and 37.50%, respectively.

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