22 Hrs
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مباشر
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Riyadh Cement Q3 up 73%
Riyadh Cement Company’s net profit rose 73.33% in the third quarter of 2026 to SAR 26 million, compared with SAR 15 million in the same period last year, but fell 48% from the second quarter. The company attributed the year-on-year increase to higher average selling prices for black cement and increased sales of both black and white cement, despite higher fuel costs. Revenue also rose 13.42% to SAR 169 million. In the first nine months of 2026, net profit fell 8.11% to SAR 136 million, affected by lower volumes and prices of black cement and higher fuel costs.
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