Publisher: Maaal International Media Company
License: 465734
Yanbu Cement Company reported a net profit of SAR 21.6 million for the second quarter of 2025, representing a 45.6% decline compared to SAR 39.7 million in the same quarter of 2024, according to the company’s preliminary financial results for the six months ended June 30, 2025.
Operating profit stood at SAR 27.9 million, compared to SAR 46.9 million in Q2 2024, down by 40.5%.
Earnings per share (EPS) dropped to SAR 0.33, versus SAR 0.62 in the year-ago quarter.
The company attributed the decrease in profit to a decline in local sales revenue due to lower average selling prices, along with an increase in selling and distribution expenses caused by higher export volumes, and a rise in general and administrative expenses.