Yemeni Cement Profits Reach 31.26M Riyals
Yemeni Cement Company achieved a profit of 31.26 million Riyals in the second quarter of 2026, representing a 44.59% increase compared to the same period last year. This growth occurred despite a 14.97% decline in revenues to 233.25 million Riyals, due to a decrease in sales volumes; however, improved selling prices helped mitigate the impact of the sales decline. For the first half of the year, profits rose by 33.51% to reach 68.8 million Riyals, even as revenues fell by 9.88% to 487.33 million Riyals. The company attributed the quarterly growth to a reduction in operating expenses and financing costs, while operating profit increased by 23.14%.
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