Riyadh Cement Co. reported a net profit of SAR 75.7 million in Q1 2025, an increase of 8% from SAR 70.1 million in Q1 2024.
| Item | Q1 2024 | Q1 2025 | Change | 
|---|---|---|---|
| Revenues | 188.89 | 225.23 | 19.2 % | 
| Gross Income | 76.76 | 85.85 | 11.8 % | 
| Operating Income | 67.89 | 76.89 | 13.3 % | 
| Net Income | 70.10 | 75.68 | 8.0 % | 
| Average Shares | 120.00 | 120.00 | - | 
| Earnings Per Share before unusual items (Riyal) | 0.58 | 0.63 | 8.0 % | 
| EPS (Riyal) | 0.58 | 0.63 | 8.0 % | 
| Item | Q4 2024 | Q1 2025 | Change | 
|---|---|---|---|
| Revenues | 233.84 | 225.23 | (3.7 %) | 
| Gross Income | 88.76 | 85.85 | (3.3 %) | 
| Operating Income | 81.37 | 76.89 | (5.5 %) | 
| Net Income | 81.33 | 75.68 | (6.9 %) | 
| Average Shares | 120.00 | 120.00 | - | 
| Earnings Per Share before unusual items (Riyal) | 0.68 | 0.63 | (6.9 %) | 
| EPS (Riyal) | 0.68 | 0.63 | (6.9 %) | 
The profit growth was attributed to higher sales volumes and average selling prices during the current quarter compared to the same quarter last year.
On the other hand, the cost of sales increased in Q1 2025 on higher fuel prices.
On a quarterly basis, Q1 2025 net profit dropped 6.9% from SAR 81.33 million in Q4 2024, on lower sales volumes.
Total shareholders’ equity, excluding minority interest, stood at SAR 1.85 billion by March 31, 2025, compared to SAR 1.74 billion a year earlier.
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