Southern Province Cement reported a net profit of 53 million riyals for the third quarter of 2024, maintaining the same profit level as in the corresponding quarter last year. This follows the release of the company’s estimated financial results for the period ending September 30, 2024.
Operating profit for the third quarter stood at 49 million riyals, reflecting a 15.5% decrease compared to 58 million riyals in the same period of the previous year. Earnings per share for Q3 2024 were 1.04 riyals.
