AlYamama Cement Q3 profit reaches 74.7 million Riyals
Al Yamama Cement Company announced its financial results for the third quarter of 2026, achieving a net profit of 74.7 million riyals, an increase of 108.28% compared to the same period last year. This growth is attributed to an increase in the average selling price, with revenues rising by 17.52% to 366.41 million riyals and gross profit increasing by 115.71% to 121.34 million riyals. On an annual basis, profits for the first nine months grew by 13.76% to reach 340.09 million riyals, with revenues increasing by 3.71% to 1.06 billion riyals. The growth is mainly due to higher sales and increased average selling prices, despite a decline in quarterly net profit resulting from lower selling prices and higher costs.
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