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Al Yamama Cement Q3 profit hits 74.7M SAR
Al Yama Cement Company announced that its net profits increased by 108.28% year-on-year in the third quarter of 2026, reaching 74.7 million SAR compared to 35.87 million SAR in the same period last year. This rise is primarily attributed to an increase in the average selling price, with revenues growing by 17.52% to 366.41 million SAR, and the gross profit surging by 115.71% to 121.34 million SAR. Although net profit declined by 38.52% compared to the previous quarter, the nine-month results for the year showed a 13.76% increase in the company's profits, reaching 340.09 million SAR, with revenues rising by 3.71%. These results are mainly driven by higher sales volumes and an increased average selling price, with total equity rising to 5.11 billion SAR as of September 2026.
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