Riyadh Cement Announces Financial Results for the First Half of 2026

Riyadh Cement Company announced its financial results for the first half of 2026, ended June 30, 2026. The company’s revenues reached SAR 393 million, compared to SAR 416 million for the same period of the previous year.

The company recorded a net profit of SAR 110 million during the first half of 2026, compared to SAR 133 million for the same period of the previous year. Operating profit reached SAR 111 million, compared to SAR 137 million for the corresponding period of the previous year.

The company explained that the decrease in revenues during the first half of the year was attributable to lower sales volumes and selling prices of black cement, despite an increase in the sales volumes and selling prices of white cement. The company also noted that the decline in net profit was driven by lower revenues and higher cost of sales due to increased fuel prices.

The company reaffirmed its continued efforts to enhance operational efficiency and improve financial performance, supporting business sustainability and keeping pace with the expected growth of the industrial sector in the Kingdom.