Saudi Cement’s profits decreased by 7.6% to 100.2 million riyals in the first quarter
The net profits of the Saudi Cement Company (Saudi Cement) for the first quarter of 2026 decreased by 7.6% to 100.2 million riyals, compared to a net profit of 108.5 million riyals in the corresponding quarter of the previous year.
The company said in a statement on "Saudi Arabia trading": "The reason for the decrease in net profit during the current quarter compared to the same quarter of the previous year is due to a decrease in sales revenues due to a decrease in the quantity and value of sales."
The decrease in net profit also contributed to the decrease in the company’s share in the net profits of an associate company, despite the decrease in selling and distribution expenses, the decrease in financing costs, and the increase in other revenues.
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