Riyadh Cement announced its financial results for the first quarter ended 31 March 2026, reporting revenues of SAR 200 million compared to SAR 225 million in the corresponding quarter of the previous year.

The company recorded a net profit of SAR 60 million during the first quarter of 2026, compared to SAR 76 million in the same period last year. Operating profit reached SAR 62 million, compared to SAR 77 million in the corresponding quarter of the previous year.

Riyadh Cement stated that the decline in net profit was primarily attributed to lower average selling prices and reduced sales volumes, in addition to higher cost of sales resulting from increased fuel prices. This was partially offset by higher production levels aimed at reducing average costs, as well as lower zakat expenses.

The company reaffirmed its commitment to enhancing operational efficiency and improving financial performance to support the sustainability of its business and capitalize on the anticipated growth of the Kingdom’s industrial sector.