Riyadh – Mubasher: Yanbu Cement Company's net profit after Zakat and tax decreased by 43.22% year-on-year (YoY) to SAR 159.56 million in 2021, compared to SAR 281.02 million.

The company generated revenues of SAR 934.03 million last year, down 0.63% from SAR 939.99 million in 2020, the financial results showed on Sunday.

The earnings per share (EPS) settled at SAR 1.01 in 2021, against SAR 1.78 in the prior year.

It is worth noting that in the third quarter (Q3) of 2021, the company's net profits shrank by 55.8% YoY to SAR 36.40 million, compared to SAR 82.48 million.