Riyadh Cement market share stable; 65% of sales directed to major projects: CEO

Shoeil Al Ayed, CEO of Riyadh Cement

Riyadh Cement Co.’s market share remains stable at 6.3%, as the company maintains a strong market position, CEO Shoeil Al Ayed said in a statement.

The cement producer’s sales portfolio is well-balanced and strategically targeted toward the Kingdom’s key projects, the CEO said, adding 35% is allocated to housing projects and 65% to major developments such as Qiddiya, King Salman Park, and Diriyah Gate.

Al Ayed added that the company is well-positioned to benefit from ongoing public and private investments under Vision 2030, as its plants are located near major projects in the Riyadh region.

Commenting on Q3 2025 financial results, he noted a 24% increase in white clinker production, reflecting enhanced manufacturing capabilities aimed at ensuring long-term operational efficiency and sustainable performance.

He also highlighted that cement demand rose 13% across the Kingdom and more than 18% in the Riyadh region, with growth expected to continue during the remainder of the year and beyond.

The company plans to continue investing in its core operational efficiencies.

Riyadh Cement’s net earnings declined to SAR 147.9 million during the first nine months of 2025, versus SAR 229.1 million a year ago. Q3 2025 profits amounted to SAR 14.8 million, Argaam earlier reported.