Yanbu 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 189.06 million compared to SAR 262.1 million a year ago. Net income was SAR 15.54 million compared to SAR 69.27 million a year ago. Basic earnings per share from continuing operations was SAR 0.1 compared to SAR 0.44 a year ago.
For the nine months, sales was SAR 586.62 million compared to SAR 741.9 million a year ago. Net income was SAR 101.83 million compared to SAR 156.24 million a year ago. Basic earnings per share from continuing operations was SAR 0.65 compared to SAR 0.99 a year ago.