Riyadh – Mubasher: Arabian Cement Company registered a net profit after tax and zakat for the first half (H1) of 2026 amounting to SAR 90.30 million, marking an annual leap of 104.76% compared to SAR 44.10 million.
The company attributed the growth to higher average selling prices for the parent firm and a rise in export sales volumes from its subsidiary.
Earnings per share (EPS) for the six-month period rose to SAR 0.90 from SAR 0.44.
For the second quarter (Q2) ending 30 June 2026, the company posted a net profit of SAR 30.40 million, up 48.29% from SAR 20.50 million in Q2-25.
This quarterly performance was supported by a reduction in depreciation expenses following a revision of the estimated economic useful life of plant machinery and equipment.
Total revenues for H1-26 edged up 1.74% to SAR 479.10 million. However, second-quarter revenue declined by 1.63% year-on-year to SAR 229 million.
On a sequential basis, quarterly net profit fell -49.25% from SAR 59.90 million in Q1-26, which the company linked to lower sales volumes during the Eid Al-Adha holiday and a decrease in average selling prices. Total shareholders' equity stood at SAR 2.56 billion as of 30 June 2026.
At the end of March 2026, the Tadawul-listed company logged 153.81% higher net profits at SAR 59.90 million, compared to SAR 23.60 million in Q1-25.
