Saudi Cement Co. reported a net profit of SAR 204 million in H1 2025, an increase of 1% from SAR 201.1 million in the prior-year period.
Item | 6m 2024 | 6m 2025 | Change |
---|---|---|---|
Revenues | 804.65 | 849.78 | 5.6 % |
Gross Income | 318.77 | 327.58 | 2.8 % |
Operating Income | 203.38 | 211.86 | 4.2 % |
Net Income | 201.10 | 203.95 | 1.4 % |
Average Shares | 153.00 | 153.00 | - |
Earnings Per Share before unusual items (Riyals) | 1.31 | 1.33 | 1.4 % |
EPS (Riyal) | 1.31 | 1.33 | 1.4 % |
This was spurred by an increase in sales revenue, decrease in selling and distribution expenses, and the decrease in finance charges. However, the company noted an increase in general and administrative expenses, decrease in other revenues, decrease in share from an associate and increase in Zakat expense.
The company also cited higher sales volumes and value despite lower average local selling prices.
Item | Q2 2024 | Q2 2025 | Change |
---|---|---|---|
Revenues | 378.13 | 431.53 | 14.1 % |
Gross Income | 144.01 | 154.98 | 7.6 % |
Operating Income | 84.06 | 95.87 | 14.1 % |
Net Income | 87.35 | 95.46 | 9.3 % |
Average Shares | 153.00 | 153.00 | - |
Earnings Per Share before unusual items (Riyal) | 0.57 | 0.62 | 9.3 % |
EPS (Riyal) | 0.57 | 0.62 | 9.3 % |
Item | Q1 2025 | Q2 2025 | Change |
---|---|---|---|
Revenues | 418.25 | 431.53 | 3.2 % |
Gross Income | 172.60 | 154.98 | (10.2 %) |
Operating Income | 115.99 | 95.87 | (17.3 %) |
Net Income | 108.49 | 95.46 | (12.0 %) |
Average Shares | 153.00 | 153.00 | - |
Earnings Per Share before unusual items (Riyal) | 0.71 | 0.62 | (12.0 %) |
EPS (Riyal) | 0.71 | 0.62 | (12.0 %) |
Q2 2025 net profit grew 9% to SAR 95.5 million, compared to SAR 87.3 million in Q2 2024.
On a sequential basis, net profit slumped 12% from SAR 108.5 million in Q1 2025.
Shareholders’ equity, no minority interest, reached SAR 2.06 billion by June 30, 2025, compared to SAR 2.01 billion in a year earlier period.
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