On 2025-10-27 08:04:00 (Saudi Time), Saudi Ceramic Co. announced its Interim financial results for the nine months ended on September 30, 2025. For the period, the company recorded revenue of SAR 1,030.46 million (up 6.619% YoY) and a net profit of SAR 140.02 million.

Year-on-Year Performance Drivers

Sales increased by 6.62% YoY to SAR 1,030.46 million, primarily driven by higher sales volumes of tiles, water heaters, accessories, and red bricks. Net profit surged dramatically by 1,414.84% YoY to SAR 140.02 million, mainly due to a SAR 120 million insurance settlement for damages from the July 2023 fire at the second sanitaryware factory, complemented by a SAR 55.7 million increase in gross profit resulting from improved sales and better profit margins across most product lines.

Quarter-on-Quarter Performance Drivers

QoQ revenue increased by 22.61% due to higher sales volumes across all product categories including tiles, sanitaryware, water heaters, accessories, and red bricks. However, net profit decreased by 93.99% primarily because the previous quarter included a SAR 120 million insurance settlement for damages from the July 2023 fire at the second sanitaryware factory, despite a SAR 29.7 million increase in gross profit in the current quarter.

Other Items

The external auditor issued an unmodified conclusion on Saudi Ceramic Co.'s interim financial results for the period ending September 30, 2025. The company's management is currently focusing on increasing profit margins through cost control, expansion into new markets, and opening additional branches to contribute to sustainable growth and improved financial and operational performance.

Original announcement:

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