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05 November 03:07 PM

Eastern Province Cement’s net profits drop 13% in 9M-25

Eastern Province Cement’s net profits drop 13% in 9M-25
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EPCCO
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-0.95% 25.12 -0.24

Riyadh - Mubasher: Eastern Province Cement Company posted 12.97% lower net profits at SAR 161 million in the first nine months (9M) of 2025, compared to SAR 185 million in 9M-24.

Revenues rose by 5.21% year-on-year (YoY) to SAR 908 million as of 30 September 2025 from SAR 863 million, according to the financial statements.

Earnings per share (EPS) stood at SAR 1.87 in 9M-25, compared with SAR 2.15 in 9M-24.

Quarterly Results

During the third quarter (Q3) of 2025, the Tadawul-listed company generated net profits totaling SAR 36 million, signaling a 29.41% YoY decline from SAR 51 million.

In the July-September 2025 period, the revenues increased by 3.46% to SAR 299 million from SAR 289 million in Q3-24.

Quarter-on-quarter, the Q3-25 net profits fell by 42.85% compared to SAR 63 million in Q2-25, while the revenues decreased by 3.85% from SAR 311 million.