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2026-08-06T08:44:34.765Z

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Yanbu Cement Q2 profits reach 31.26m riyals

Yanbu Cement Q2 profits reach 31.26m riyals

Yahya Cement Company's profits increased by 44.59% in the second quarter of 2026, recording a net profit of 31.26 million riyals compared to 21.62 million riyals in the same period last year, despite a decline in sales volume. Revenues also decreased by 14.97% year-over-year, reaching 233.25 million riyals. Meanwhile, net profits for the first half of 2026 fell by 33.51% to 68.8 million riyals, despite a 23.14% rise in operating profit. The decline in revenues is mainly due to decreased sales volume, even though selling prices improved. Additionally, equity decreased by 7.32% to 2.46 billion riyals.

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