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Qassim Cement's H1 Net Profit, Revenue Slip

MT Newswires·07/29/2026 09:58:02
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09:58 AM EDT, 07/29/2026 (MT Newswires) -- Qassim Cement (SASE:3040) said Wednesday its net profit and revenue for the first half declined year over year. Net profit attributable to shareholders of the issuer for the six months ended June 30 was 120.5 million Saudi riyals, compared with 149.7 million riyals earlier. EPS moved to 1.1 riyals from 1.36 riyals. The Saudi Arabia-listed cement producer's revenue was 567.4 million riyals, compared with 596.2 million riyals a year ago.