Saudi: Yamama Cement witnesses 23.5% higher net profits in Q1-25
The earnings per share (EPS) stood at SAR 0.70 at the end of March 2025, compared with SAR 0.57 in the same period a year earlier, according to the financial results.
Meanwhile, the revenues increased by 27.51% to SAR 349.02 million in Q1-25 from SAR 273.70 million in Q1-24.
Quarter-on-quarter (QoQ), the net profits in Q1-25 marked a 15.39% rise from SAR 123.12 million in Q4-24, while the revenues declined by 5.76% from SAR 370.36 million.
It is worth noting that in 2024, Yamama Cement's net profit surged by 38.27% YoY to SAR 420.70 million from SAR 304.25 million.
Source: Mubasher
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