Riyadh Cement Co. reported a net profit of SAR 133.2 million in the first half of 2025, a decrease of 1% from SAR 134.5 million in H1 2024.
Item | 6m 2024 | 6m 2025 | Change |
---|---|---|---|
Revenues | 352.55 | 416.11 | 18.0 % |
Gross Income | 156.09 | 154.65 | (0.9 %) |
Operating Income | 137.11 | 136.79 | (0.2 %) |
Net Income | 134.53 | 133.15 | (1.0 %) |
Average Shares | 120.00 | 120.00 | - |
Earnings Per Share before unusual items (Riyals) | 1.12 | 1.11 | (1.0 %) |
EPS (Riyal) | 1.12 | 1.11 | (1.0 %) |
The Saudi-listed cement producer cited an increase in the cost of sales due to higher fuel prices in H1 2025.
On the other hand, during the same period, Riyadh Cement reported higher sales compared to H1 2024, thanks to improved sales volumes and the average selling price.
Item | Q2 2024 | Q2 2025 | Change |
---|---|---|---|
Revenues | 163.65 | 190.89 | 16.6 % |
Gross Income | 79.34 | 68.80 | (13.3 %) |
Operating Income | 69.22 | 59.90 | (13.5 %) |
Net Income | 64.42 | 57.47 | (10.8 %) |
Average Shares | 120.00 | 120.00 | - |
Earnings Per Share before unusual items (Riyal) | 0.54 | 0.48 | (10.8 %) |
EPS (Riyal) | 0.54 | 0.48 | (10.8 %) |
Item | Q1 2025 | Q2 2025 | Change |
---|---|---|---|
Revenues | 225.23 | 190.89 | (15.2 %) |
Gross Income | 85.85 | 68.80 | (19.9 %) |
Operating Income | 76.89 | 59.90 | (22.1 %) |
Net Income | 75.68 | 57.47 | (24.1 %) |
Average Shares | 120.00 | 120.00 | - |
Earnings Per Share before unusual items (Riyal) | 0.63 | 0.48 | (24.1 %) |
EPS (Riyal) | 0.63 | 0.48 | (24.1 %) |
In Q2 2025, net earnings dropped 11% to SAR 57.5 million, from SAR 64.4 million in the prior-year period. This was also due to the higher cost of sales amid increased fuel prices.
Moreover, Riyadh Cement’s three-month net earnings declined by 24.1% from SAR 75.68 million in Q1 2025, hurt by lower sales on a quarterly basis amid a drop in sales volumes and the average selling price.
Total shareholders’ equity, no minority interest, increased to SAR 1.76 billion as of June 30, 2025, from SAR 1.72 billion a year earlier.
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