Sunday, 18 May 2025

Yamama Cement Posts SAR 142 Mln Q1 Profit, up 23.5%

اقرأ المزيد

Yamama Cement Co. (YC) reported on Wednesday a 23.5% year-on-year increase in net profit for the first quarter of 2025, reaching SAR 142 million, compared to SAR 115 million in the same quarter last year.
The announcement followed the release of the company’s estimated financial results for the (three-month) period ending March 31, 2025.
Operational profit rose to SAR 148.5 million in the first quarter of 2025, up 26.3% from SAR 117.5 million in the same quarter of the previous year.
Profits per share stood at SAR 0.7 in the first quarter, compared to SAR 0.57 in the same quarter last year.
According to the Company, the main reason for the increase in net profit for the current quarter, compared to the same quarter last year is due to a higher average selling price for the current quarter, compared to the same quarter last year, and a higher sales volume for the current quarter, compared to the same quarter last year.

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