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Tabuk Cement Q2 Profit Drops 96.4%
Tabuk Cement Company's profits declined by 96.4% year-on-year in the second quarter of 2026, amounting to approximately 0.51 million SAR compared to 14.13 million SAR in the same period of the previous year. Profits also decreased by 87.56% compared to the previous quarter. The main reason for this decline is the decrease in sales resulting from the halt of some activities in major projects in the region, as well as rising fuel costs. The company attributed this deterioration to a lack of demand for cement during the current period, which led to a significant drop in revenues.
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