Yamama Cement Co. reported a net profit of SAR 142.1 million in Q1 2025, leaping 24% from SAR 115 million a year earlier.
Item | Q1 2024 | Q1 2025 | Change |
---|---|---|---|
Revenues | 273.71 | 349.03 | 27.5 % |
Gross Income | 136.91 | 170.84 | 24.8 % |
Operating Income | 117.54 | 148.55 | 26.4 % |
Net Income | 115.03 | 142.08 | 23.5 % |
Average Shares | 202.50 | 202.50 | - |
Earnings Per Share before unusual items (Riyal) | 0.54 | 0.65 | 21.5 % |
EPS (Riyal) | 0.57 | 0.70 | 23.5 % |
Item | Q4 2024 | Q1 2025 | Change |
---|---|---|---|
Revenues | 370.36 | 349.03 | (5.8 %) |
Gross Income | 157.93 | 170.84 | 8.2 % |
Operating Income | 135.32 | 148.55 | 9.8 % |
Net Income | 123.12 | 142.08 | 15.4 % |
Average Shares | 202.50 | 202.50 | - |
Earnings Per Share before unusual items (Riyal) | 0.58 | 0.65 | 11.9 % |
EPS (Riyal) | 0.61 | 0.70 | 15.4 % |
The profit increase was driven by higher average selling prices and sales volume.
On a sequential basis, the cement producer's Q1 2025 profit grew 15.4% from SAR 123.12 million in Q4 2024, driven by an increase in average selling prices and other income, as well as lower Zakat expenses and cost of sales.
Meanwhile, revenue dipped on lower sales volume.
Shareholders’ equity, no minority interest, stood at SAR 4.98 billion by March 31, 2025, up from SAR 4.64 billion in a year-earlier period.
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