Latest news with #YamamaCementCompany
Zawya
24-04-2025
- Business
- Zawya
Saudi: Yamama Cement witnesses 23.5% higher net profits in Q1-25
Riyadh - Yamama Cement Company reported a 23.51% year-on-year (YoY) growth in net profit to SAR 142.07 million during the first quarter (Q1) of 2025, compared to SAR 115.03 million. 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
Zawya
20-02-2025
- Business
- Zawya
Saudi: Yamama Cement unveils profits in 2024, dividends
Riyadh: Yamama Cement Company posted 38.27% higher net profits at SAR 420.70 million in 2024, compared to SAR 304.25 million a year earlier, according to the financial results. Revenues hiked by 25.43% to SAR 1.17 billion last year from SAR 935.19 million in 2023 while the earnings per share (EPS) increased to SAR 2.08 from SAR 1.50. Dividends The board members recommended cash dividends of SAR 202.50 million, representing 10% of the capital, for 2024. The Saudi group will disburse a cash dividend of SAR 1 per share for 202.50 million shares. Meanwhile, the dividend payment date will be determined after the company's general assembly approves this recommendation. In the first nine months (9M) of 2024, the company's net profits surged by 18.32% to SAR 297.58 million from SAR 251.49 million in 9M-23. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (
