11 Hrs
Source:
مباشر
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Saudi Cement Q3 profit up
Saudi Cement Company’s net profit rose 34.02% in the third quarter of 2026 to SAR 71.3 million, compared with SAR 53.2 million in the same period last year, while revenue increased 3.93% to SAR 378.2 million. The company attributed the profit growth to higher domestic sales and improved prices, lower selling, distribution and financing expenses and a lower zakat provision, as well as a larger share of profits from an associate. However, performance weakened compared with the second quarter: sales fell 13% and profit declined 30.1%. In the first nine months, profit rose 6.34% to SAR 273.5 million despite a 1.48% drop in revenue to SAR 1.19 billion.
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