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Cement Q3 profit up 66.67%

Cement Q3 profit up 66.67%

Southern Province Cement Company’s net profit rose 66.67% in the third quarter of 2026 to SAR 5 million, compared with SAR 3 million in the same period of 2025. The increase was driven by higher export revenue and a lower cost of sales, despite rising financing costs. Quarter on quarter, profit fell 79.16% from SAR 24 million in the second quarter, due to higher financing costs. In the first nine months of 2026, net profit increased 13.63% to SAR 25 million, compared with SAR 22 million in the same period a year earlier.

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