Saudi Cement’s net profits increase nearly 11% in 2024 - Mubasher Info

SAUDI CEMENT
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Riyadh – Mubasher: The net profits of Saudi Cement Company jumped by 10.73% to SAR 421.90 million in 2024 from SAR 381 million at the end of December 2023.

The Saudi group posted 14.64% year-on-year (YoY) higher revenues at SAR 1.67 billion in 2024, compared to SAR 1.46 billion, according to the financial statements.

Earnings per share (EPS) climbed to SAR 2.76 in 2024 from SAR 2.49 a year earlier.

In the first nine months (9M) of 2024, the company’s net profits increased by 8.69% to SAR 301.30 million from SAR 277.20 million in 9M-23.

Source: Mubasher Source: {{details.article.source}}