Riyadh – Mubasher: Tabuk Cement Company recorded net profits amounting to SAR 35.42 million in the first nine months (9M) of 2025, signaling a 49.75% plunge from SAR 70.50 million in 9M-24.
The earning per share (EPS) decreased to SAR 0.39 in 9M-25 from SAR 0.78 in 9M-24, according to the financial results.
The cement manufacturer registered 20.04% lower revenue at SAR 209.95 million during January-September 2025, compared with SAR 262.60 million in the same period a year earlier.
Income Statement for Q3
In the third quarter (Q3) of 2025, Tabuk Cement also posted lower net profit by 64.20% at SAR 8.25 million compared to SAR 23.05 million in Q3-24.
The sales declined by 19.15% to SAR 72.86 million during the July-September 2025 period from SAR 90.12 in Q3-24.
Meanwhile, the net profits posted in Q3-25 reflected a 41.61% plummet from SAR 14.13 million in Q2-25, while the revenue increased by 4.97% from SAR 69.41 million.