Yanbu Cement Co. reported a 47% drop in net profit to SAR 51.5 million in H1 2025, from SAR 98.1 million a year earlier.
Item | 6m 2024 | 6m 2025 | Change |
---|---|---|---|
Revenues | 444.52 | 540.74 | 21.6 % |
Gross Income | 164.48 | 144.66 | (12.1 %) |
Operating Income | 112.23 | 63.82 | (43.1 %) |
Net Income | 98.07 | 51.53 | (47.5 %) |
Average Shares | 157.50 | 157.50 | - |
Earnings Per Share before unusual items (Riyals) | 0.62 | 0.33 | (47.5 %) |
EPS (Riyal) | 0.62 | 0.33 | (47.5 %) |
The company reported lower domestic sales revenue due to a decline in the average selling price, reduced margins from export sales, and an increase in general and administrative expenses.
Item | Q2 2024 | Q2 2025 | Change |
---|---|---|---|
Revenues | 202.17 | 274.30 | 35.7 % |
Gross Income | 72.50 | 69.57 | (4.0 %) |
Operating Income | 46.97 | 27.94 | (40.5 %) |
Net Income | 39.77 | 21.62 | (45.6 %) |
Average Shares | 157.50 | 157.50 | - |
Earnings Per Share before unusual items (Riyal) | 0.25 | 0.14 | (45.6 %) |
EPS (Riyal) | 0.25 | 0.14 | (45.6 %) |
Item | Q1 2025 | Q2 2025 | Change |
---|---|---|---|
Revenues | 266.44 | 274.30 | 2.9 % |
Gross Income | 75.09 | 69.57 | (7.3 %) |
Operating Income | 35.88 | 27.94 | (22.1 %) |
Net Income | 29.91 | 21.62 | (27.7 %) |
Average Shares | 157.50 | 157.50 | - |
Earnings Per Share before unusual items (Riyal) | 0.19 | 0.14 | (27.7 %) |
EPS (Riyal) | 0.19 | 0.14 | (27.7 %) |
On the other hand, export sales climbed.
Q2 2025 net profit plunged 46% from SAR 39.77 million in the same quarter last year, due to lower domestic sales and average selling price.
Sequentially, Q2 net profit dropped 27.7% from SAR 29.9 million in Q1 2025.
Total shareholders’ equity, no minority interest, increased to SAR 2.65 billion as of June 2025, from SAR 2.63 billion in the year before.
Be the first to comment
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments Analysis: