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2026-11-05T08:17:04.554Z

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Southern Q3 profit up 67%

Southern Q3 profit up 67%

Southern Province Cement Company’s net profit rose 66.67% in the third quarter of 2026 to SAR 5 million, compared with SAR 3 million in the same period of 2025. The increase was supported by higher export sales and lower cost of sales, despite higher financing costs. Quarter on quarter, profit fell 79.16% from SAR 24 million in the second quarter, due to a notable increase in financing costs. In the first nine months of 2026, profit rose 13.63% to SAR 25 million, compared with SAR 22 million, supported by improved export operations and more efficient management of cost of sales.

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