Yamama Cement Co.’s net profit rose 108% to SR74.7 million in the third quarter of 2026 from SR35.87 million a year earlier, helped by higher sales and average selling prices, according to the company’s interim results reported by Argaam on Tuesday.
Revenue for the quarter rose 17.5% to SR366.41 million from SR311.77 million.
Operating profit climbed to SR98.26 million from SR32.59 million in the third quarter of 2025. Gross profit more than doubled to SR121.34 million.
For the first nine months of 2026, net profit rose 13.8% to SR340.09 million from SR298.95 million. Nine-month revenue increased 3.7% to SR1.06 billion.
The company attributed the nine-month gain to higher revenue, increased sales volumes and higher average selling prices. Earnings per share for the period were SR1.68, compared with SR1.48 a year earlier.
Compared with the second quarter, net profit fell 38.5% from SR121.51 million because of lower average selling prices and higher finance costs. Sales rose on higher volumes, lifting quarterly revenue 3.2%.
Total shareholders’ equity, excluding minority interest, stood at SR5.10 billion at the end of September, compared with SR4.93 billion a year earlier.
