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مباشر
Qassim Cement Q2 profit drops to 51.78M
Qassim Cement Company recorded a 15.2% decrease in its net profits in the second quarter of 2026, with a net profit of 51.78 million Riyals compared to 61.06 million Riyals in the same period last year. This decline is attributed to a reduction in average selling prices, decreased sales volumes, and increased operating costs due to rising fuel prices since the beginning of the year. For the first half of the year, the company's profits declined by approximately 19.5% to reach 120.5 million Riyals, while revenues decreased by 4.8% to 567.36 million Riyals, compared to the same period in 2025.
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