City Cement’s profits fall 41.5% in Q1-26

CITY CEMENT
3003 -1.29% 12.28 -0.16

Riyadh - Mubasher: City Cement Company posted 41.44% lower net profits attributable to the shareholders, valued at SAR 30.17 million in the first quarter (Q1) of 2026, versus SAR 51.53 million.

The revenues also shrank by 19.66% to SAR 119.90 million in Q1-26 from SAR 149.26 million in Q1-25, according to the interim financial results.

City Cement registered an earnings per share (EPS) valued at SAR 0.22 as of 31 March 2026, an annual drop from SAR 0.37.

The quarterly earnings declined by 6.44% from SAR 32.25 million in Q4-25, while the revenues fell by 10.77% from SAR 134.38 million.

In 2025, the company’s net profits shrank by 10.54% YoY to SAR 128.92 million from SAR 144.11 million.

Source: Mubasher Source: {{details.article.source}}