Al Jouf Cement Co. reported a net loss of SAR 63.7 million in the first nine months of 2025, up from SAR 27.7 million in the year-earlier period.
| Item | 9m 2024 | 9m 2025 | Change |
|---|---|---|---|
| Revenues | 181.34 | 192.27 | 6.0 % |
| Gross Income | 24.03 | 1.97 | (91.8 %) |
| Operating Income | 3.19 | (21.43) | (771.6 %) |
| Net Income | (27.73) | (63.74) | (129.9 %) |
| Average Shares | 108.70 | 108.70 | - |
| Earnings Per Share before unusual items (Riyals) | (0.43) | (0.61) | (42.2 %) |
| EPS (Riyal) | (0.26) | (0.59) | (129.9 %) |
The widened loss was attributed to higher production costs following a second rise in heavy fuel prices at the beginning of 2025. Moreover, the corresponding period of 2024 included SAR 14 million in revenue from loan rescheduling.
This was offset by a 6% increase in revenue, supported by higher average selling prices, the company said.
In the third quarter, Al Jouf Cement posted a net loss of SAR 25.1 million, compared with SAR 11.86 million in Q3 2024. Losses also widened by 7.3% from SAR 23.39 million in Q2 2025.
| Item | Q3 2024 | Q3 2025 | Change |
|---|---|---|---|
| Revenues | 57.77 | 54.54 | (5.6 %) |
| Gross Income | 4.23 | (3.24) | (176.7 %) |
| Operating Income | (4.92) | (9.61) | (95.5 %) |
| Net Income | (11.86) | (25.11) | (111.7 %) |
| Average Shares | 108.70 | 108.70 | - |
| Earnings Per Share before unusual items (Riyal) | (0.28) | (0.23) | 18.6 % |
| EPS (Riyal) | (0.11) | (0.23) | (111.7 %) |
| Item | Q2 2025 | Q3 2025 | Change |
|---|---|---|---|
| Revenues | 69.23 | 54.54 | (21.2 %) |
| Gross Income | 3.20 | (3.24) | (201.3 %) |
| Operating Income | (5.55) | (9.61) | (73.3 %) |
| Net Income | (23.39) | (25.11) | (7.3 %) |
| Average Shares | 108.70 | 108.70 | - |
| Earnings Per Share before unusual items (Riyal) | (0.22) | (0.23) | (4.4 %) |
| EPS (Riyal) | (0.22) | (0.23) | (7.3 %) |
Shareholders’ equity, with no minority interest, reached SAR 1.05 billion as of Sept. 30, 2025, down from SAR 1.12 billion a year earlier.
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