Riyadh Cement Announces Financial Results for the Third Quarter of 2026

Riyadh Cement Company announced its financial results for the period ended 30 September 2026, reporting revenue of SAR 562 million, compared with SAR 565 million in the corresponding period of the previous year, and net profit of SAR 136 million, compared with SAR 148 million. In the third quarter, net profit increased by 73.333% year on year to SAR 26 million, compared with SAR 15 million, while revenue rose by 13.422% to SAR 169 million, compared with SAR 149 million. The company attributed the increase in third-quarter profit to higher average selling prices for black cement and increased sales volumes of both black and white cement, despite higher cost of sales resulting from increased fuel prices. The decline in nine-month profit was attributable to lower revenue and higher cost of sales following an increase in fuel prices. The company explained that the decline in revenue during the period reflected lower sales volumes and selling prices for black cement, despite higher sales volumes and selling prices for white cement.