Tabuk Cement Co.’s net profit declined 50% to SAR 35.4 million in the first nine months of 2025, compared to SAR 70.5 million in the same period a year earlier.
| Item | 9m 2024 | 9m 2025 | Change |
|---|---|---|---|
| Revenues | 262.60 | 209.95 | (20.1 %) |
| Gross Income | 81.14 | 55.83 | (31.2 %) |
| Operating Income | 79.62 | 40.68 | (48.9 %) |
| Net Income | 70.50 | 35.42 | (49.8 %) |
| Average Shares | 90.00 | 90.00 | - |
| Earnings Per Share before unusual items (Riyals) | 0.78 | 0.39 | (49.8 %) |
| EPS (Riyal) | 0.78 | 0.39 | (49.8 %) |
The decline in profit was mainly attributed to lower revenue, as sales volumes decreased despite a higher average selling price, along with a drop in other income.
| Item | Q3 2024 | Q3 2025 | Change |
|---|---|---|---|
| Revenues | 90.12 | 72.86 | (19.2 %) |
| Gross Income | 28.84 | 14.84 | (48.5 %) |
| Operating Income | 25.77 | 9.97 | (61.3 %) |
| Net Income | 23.50 | 8.25 | (64.9 %) |
| Average Shares | 90.00 | 90.00 | - |
| Earnings Per Share before unusual items (Riyal) | 0.26 | 0.09 | (64.9 %) |
| EPS (Riyal) | 0.26 | 0.09 | (64.9 %) |
| Item | Q2 2025 | Q3 2025 | Change |
|---|---|---|---|
| Revenues | 69.41 | 72.86 | 5.0 % |
| Gross Income | 20.48 | 14.84 | (27.6 %) |
| Operating Income | 15.43 | 9.97 | (35.4 %) |
| Net Income | 14.13 | 8.25 | (41.6 %) |
| Average Shares | 90.00 | 90.00 | - |
| Earnings Per Share before unusual items (Riyal) | 0.16 | 0.09 | (41.6 %) |
| EPS (Riyal) | 0.16 | 0.09 | (41.6 %) |
In Q3 2025, Tabuk Cement’s profit fell 64.9% to SAR 8.25 million from SAR 23.5 million in Q3 2024. Sequentially, profit also declined 41.6% from SAR 14.13 million.
Shareholders’ equity, with no minority interest, amounted to SAR 1.17 billion by the end of 9M 2025, compared to SAR 1.33 billion in prior-year period.
| Company | Estimated | Actual | Change |
|---|---|---|---|
| ENTAJ | 4.35 | 0.10 | |
| CATRION | 79.07 | 97.02 | |
| TCC | 14.50 | 8.25 | |
| MAADEN | 2,204.92 | 2,205.13 | |
| NAJRAN CEMENT | 10.34 | 3.07 | |
| ALMAWARID | 33.93 | 36.98 | |
| ARABIAN MILLS | 64.00 | 62.54 | |
| SAUDI CEMENT | 84.19 | 53.20 | |
| RIYADH CEMENT | 47.18 | 14.75 | |
| SHAKER | 21.30 | 17.82 |
| Company | Estimated | Actual | Change |
|---|---|---|---|
| ENTAJ | 4.35 | 12.90 | |
| CATRION | 79.07 | 97.02 | |
| TCC | 14.50 | 8.25 | |
| MAADEN | 2,204.92 | 2,205.13 | |
| NAJRAN CEMENT | 10.34 | 3.07 | |
| ALMAWARID | 33.93 | 39.68 | |
| ARABIAN MILLS | 64.00 | 62.54 | |
| SAUDI CEMENT | 84.19 | 53.20 | |
| RIYADH CEMENT | 47.18 | 14.75 | |
| SHAKER | 21.30 | 17.82 |
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