Kuwait Cement Company’s net profit attributable to shareholders rose 38% to KD6.21 million in the first nine months of 2026, from KD4.49 million a year earlier.
Sales climbed 17.4% to KD62.76 million from KD53.46 million, according to interim financial statements published on the Boursa Kuwait website on Wednesday and reported by Mubasher.
Gross profit doubled to KD7.98 million from KD3.98 million, a rise of 100.3%.
The company booked expected credit loss provisions of KD2.85 million in the nine months, compared with KD22,400 a year earlier.
Its share of results from associate companies rose to KD1.24 million from KD630,500.
Third-quarter profit fell 72% to KD406,020 from KD1.43 million in the same quarter of 2025.
Sales in the quarter rose 0.45% to KD20.07 million from KD19.98 million.
Earnings per share for the quarter were 0.57 fils, compared with 2 fils a year earlier.
Kuwait Cement had reported a 90% rise in first-half net profit to KD5.81 million, from KD3.06 million in the first half of 2025.
