Umm Al-Qura Cement Co.'s H1 2025 net earnings fell 31% to SAR 20.8 million, compared with SAR 30.1 million in the prior-year period.
Item | 6m 2024 | 6m 2025 | Change |
---|---|---|---|
Revenues | 131.20 | 122.53 | (6.6 %) |
Gross Income | 48.76 | 37.44 | (23.2 %) |
Operating Income | 40.12 | 29.27 | (27.0 %) |
Net Income | 30.05 | 20.81 | (30.8 %) |
Average Shares | 55.00 | 55.00 | - |
Earnings Per Share before unusual items (Riyals) | 0.55 | 0.38 | (30.8 %) |
EPS (Riyal) | 0.55 | 0.38 | (30.8 %) |
This was due to a decrease in the average selling price per ton and other income.
However, the Saudi-listed cement producer posted lower general and administrative expenses, financing costs, and Zakat expenses for the six-month period.
Item | Q2 2024 | Q2 2025 | Change |
---|---|---|---|
Revenues | 66.52 | 62.07 | (6.7 %) |
Gross Income | 25.13 | 18.51 | (26.4 %) |
Operating Income | 20.61 | 14.41 | (30.1 %) |
Net Income | 15.58 | 9.90 | (36.5 %) |
Average Shares | 55.00 | 55.00 | - |
Earnings Per Share before unusual items (Riyal) | 0.28 | 0.18 | (36.5 %) |
EPS (Riyal) | 0.28 | 0.18 | (36.5 %) |
Item | Q1 2025 | Q2 2025 | Change |
---|---|---|---|
Revenues | 60.46 | 62.07 | 2.7 % |
Gross Income | 18.93 | 18.51 | (2.3 %) |
Operating Income | 14.86 | 14.41 | (3.1 %) |
Net Income | 10.91 | 9.90 | (9.3 %) |
Average Shares | 55.00 | 55.00 | - |
Earnings Per Share before unusual items (Riyal) | 0.20 | 0.18 | (9.3 %) |
EPS (Riyal) | 0.20 | 0.18 | (9.3 %) |
The company's Q2 2025 net profit dropped by 36% to SAR 9.9 million, from SAR 15.58 million a year before, mainly hurt by weak sales and higher cost of sales.
On a sequential basis, the second-quarter net profit fell 9.3% from SAR 10.91 million in Q1 2025.
Total shareholders’ equity, no minority interest, stood at SAR 834.32 million by the end of H1 2025, up from SAR 796.13 million in the year-earlier period.
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