Riyadh – Mubasher: Yanbu Cement Company logged net profits worth SAR 29.91 million in the first quarter (Q1) of 2025, marking a 48.70% drop from SAR 58.31 million in Q1-24.

Revenues grew by 9.93% year-on-year (YoY) to SAR 266.44 million in Q1-25 from SAR 242.36 million, according to the financial results.

Earnings per share (EPS) stood at SAR 0.19 as of 31 March 2025, down YoY from SAR 0.37.

Quarterly, the Q1-25 net profits increased by 7.02% from SAR 27.95 million in October-December 2024, while the revenues climbed by 20.38% from SAR 221.32 million.

At the end of 2024, Yanbu Cement posted 31.02% higher net profits at SAR 157.12 million, compared with SAR 119.92 million in 2023.