Financial Results : Al Yamamah Steel posts SAR 37.6M profit in Q1 2025/26

Al Yamamah Steel posts SAR 37.6M profit in Q1 2025/26

08/02/2026 Argaam Exclusive

View other reports

Al Yamamah Steel Industries Co. generated a net profit of SAR 37.6 million in the first quarter ended Dec. 31, 2025, compared with SAR 4.6 million a year earlier.



Current Quarter Comparison (M)

Compared With The
Item Q1 2025 Q1 2026 Change‬
Revenues 484.44 498.21 2.8 %
Gross Income 39.15 76.63 95.7 %
Operating Income 18.69 54.02 189.0 %
Net Income 4.59 37.61 719.0 %
Average Shares 50.80 50.80 -
Earnings Per Share before unusual items (Riyal) 0.09 0.74 719.0 %
EPS (Riyal) 0.09 0.74 719.0 %

The company said the higher first-quarter profit was driven by a 2.84% year-on-year (YoY) sales hike, aided by a 77.94% increase in sales volumes and an 85.64% rise in sales value in the renewable energy segment, alongside gains of 34.27% in sales volumes and 36.56% in sales value in the power segment.

 

Al Yamamah Steel also cited a decline in the first-quarter cost of sales, which fell by 13.32% in the power segment and 9.05% in renewable energy.

 

Compared to the previous quarter, the Saudi steel producer’s three-month bottomline spiked by 111.6% from SAR 17.78 million. This was attributed a 23.41% sequential rise in sales, driven by a sharp expansion in the renewable energy segment, where sales volumes and values surged 400.34% and 558.66%, respectively, on a quarterly basis.

 

Shareholders’ equity, excluding minority interest, stood at SAR 659.43 million as of Dec. 31, 2025, compared with SAR 593.67 million a year earlier.

Kindly, you can view the full report by subscribing to the

The report contains the details of the financial statements, The most important financial indicators, Historical information, Charts, and Forecasts of experts.


Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.