Najran Cement Co.’s profits declined 2% in the first half of 2025 to SAR 21.7 million from SAR 22.1 million in H1 2024.
Item | 6m 2024 | 6m 2025 | Change |
---|---|---|---|
Revenues | 251.39 | 259.94 | 3.4 % |
Gross Income | 57.33 | 55.31 | (3.5 %) |
Operating Income | 35.93 | 32.41 | (9.8 %) |
Net Income | 22.07 | 21.71 | (1.6 %) |
Average Shares | 170.00 | 170.00 | - |
Earnings Per Share before unusual items (Riyals) | 0.13 | 0.13 | (1.6 %) |
EPS (Riyal) | 0.13 | 0.13 | (1.6 %) |
The profit decline was due to higher costs of production inputs as well as general and administrative costs, despite an increase in sales volume and a decrease in financing expenses.
The company’s net profit rose 8.3% in Q2 2025 to SAR 4.5 million from SAR 4.1 million in Q2 2024, mainly buoyed by robust sales.
Item | Q2 2024 | Q2 2025 | Change |
---|---|---|---|
Revenues | 113.27 | 124.70 | 10.1 % |
Gross Income | 20.85 | 21.47 | 3.0 % |
Operating Income | 11.26 | 9.67 | (14.1 %) |
Net Income | 4.17 | 4.52 | 8.3 % |
Average Shares | 170.00 | 170.00 | - |
Earnings Per Share before unusual items (Riyal) | 0.02 | 0.03 | 8.3 % |
EPS (Riyal) | 0.02 | 0.03 | 8.3 % |
Item | Q1 2025 | Q2 2025 | Change |
---|---|---|---|
Revenues | 135.24 | 124.70 | (7.8 %) |
Gross Income | 33.83 | 21.47 | (36.5 %) |
Operating Income | 22.74 | 9.67 | (57.5 %) |
Net Income | 17.19 | 4.52 | (73.7 %) |
Average Shares | 170.00 | 170.00 | - |
Earnings Per Share before unusual items (Riyal) | 0.10 | 0.03 | (73.7 %) |
EPS (Riyal) | 0.10 | 0.03 | (73.7 %) |
On a quarterly basis, net earnings dropped 73.7% from SAR 17.19 million in Q1 2025.
Total shareholders’ equity, with no minority interests, stood at SAR 2.02 billion as of June 30, 2025, compared to SAR 1.99 billion in a prior-year period.
Be the first to comment
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments Analysis: