Saudi Cement Company reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SAR 315 million compared to SAR 328.05 million a year ago. Net income was SAR 68.26 million compared to SAR 80.65 million a year ago. Basic earnings per share from continuing operations was SAR 0.45 compared to SAR 0.53 a year ago.
For the nine months, sales was SAR 1,080.89 million compared to SAR 992.08 million a year ago. Net income was SAR 277.24 million compared to SAR 244.31 million a year ago. Basic earnings per share from continuing operations was SAR 1.81 compared to SAR 1.6 a year ago.