StocksMedium•9 November 2026•
1 min read
City Cement 9M 2026 Net Profit Drops 27% to SAR 8.55 Million
Key Facts
1City Cement reported a net profit of SAR 8.55 million for the first nine months of 2026, a 27% decline year-on-year.
2Q3 2026 net earnings dropped 42% to SAR 2.02 million compared to SAR 3.48 million in Q3 2025.
City Cement reported a net profit of SAR 8.55 million for the first nine months of 2026, marking a 27% decline year-on-year. Argaam reported that third-quarter earnings for 2026 dropped 42% to SAR 2.02 million, compared to SAR 3.48 million in the same quarter of 2025.
The decline in financial performance is attributed to lower sales volumes and a decrease in average selling prices during the period. These results reflect continued pressure on profit margins within the cement sector.