Umm Al-Qura Cement Reports SAR 24.65M Net Profit in Three Months 2026
UACC 3005.SA | 0.00 |
On 2026-04-27 16:04:33 (Saudi Time), Umm Al-Qura Cement Co. announced its Interim financial results for the three months ended on March 31, 2026.
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 88,343 | 60,456 | 46.127 | 82,941 | 6.513 |
| Gross Profit (Loss) | 32,065 | 18,934 | 69.351 | 19,694 | 62.816 |
| Operational Profit (Loss) | 28,268 | 14,861 | 90.216 | 15,175 | 86.28 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 24,648 | 10,910 | 125.921 | 13,160 | 87.294 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 24,644 | 10,880 | 126.507 | 12,923 | 90.698 |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Total Shareholders Equity (after Deducting Minority Equity) | 883,680 | 824,474 | 7.181 |
| Profit (Loss) per Share | 0.45 | 0.2 | |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| Accumulated Losses | - | - | |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||
Year-on-Year Performance Drivers
Sales increased 46.127% YoY to SAR 88.34 million, driven by higher sales volumes and improved average selling prices. Net profit surged 125.921% to SAR 24.65 million, primarily due to increased sales value and decreased financing costs, resulting in significant operational leverage and profitability improvement.
Quarter-on-Quarter Performance Drivers
QoQ revenue increased 6.513% to 88.34 million due to improvement in average selling price. Net profit surged 87.294% to 24.65 million driven by higher sales value, decreased financing costs, and reduced selling, marketing, general and administrative expenses.
Other Items
The external auditor issued an unmodified conclusion with no additional comments, disclaimers, or adverse opinions noted. The company reported no accumulated losses, indicating a healthy financial position with total shareholders' equity of SAR 883,680 thousand, representing a 7.181% increase from the previous year. Earnings per share improved to SAR 0.45 compared to SAR 0.2 in the same quarter of the previous year.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=94709&anCat=1&cs=3005&locale=arImportant Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.