Yamama Cement Reports SAR 143.87M Net Profit in Three Months 2026
YC 3020.SA | 0.00 |
On 2026-04-27 15:39:07 (Saudi Time), Yamama Cement Company announced its preliminary 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 | 339,797 | 349,029 | -2.645 | 400,025 | -15.056 |
| Gross Profit (Loss) | 154,708 | 170,836 | -9.44 | 149,531 | 3.462 |
| Operational Profit (Loss) | 132,277 | 148,549 | -10.953 | 103,486 | 27.821 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 143,871 | 142,079 | 1.261 | 183,928 | -21.778 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 144,854 | 141,766 | 2.178 | 30,043 | 382.155 |
| 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) | 5,114,545 | 4,985,100 | 2.596 |
| Profit (Loss) per Share | 0.71 | 0.7 | |
| 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 | - | - | |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||
Year-on-Year Performance Drivers
Sales declined 2.645% YoY to 339.80 million SAR primarily due to decreased average selling prices despite increased sales volume. Net profit increased 1.261% YoY to 143.87 million SAR, driven by higher sales volume and increased other income from the sale of production line accessories from the old plant plus income from other investments.
Quarter-on-Quarter Performance Drivers
QoQ revenue declined 15.06% from 400.03 million to 339.80 million SAR due to decreased sales volume coinciding with Ramadan, despite higher average selling prices. Net profit dropped 21.78% from 183.93 million to 143.87 million SAR primarily due to lower sales volume and reduced other revenues from the absence of prior quarter's asset sales (production line accessories and gas turbines from the old plant).
Other Items
The external auditor issued an unmodified conclusion with no additional comments, reservations, notices, disclaimers, or adverse opinions noted. Total shareholders equity increased 2.596% to 5,114,545 thousand SAR. Earnings per share improved slightly from 0.7 to 0.71 SAR. Certain comparative figures were reclassified to conform to current period presentation.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=94698&anCat=1&cs=3020&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.