3002 · 05/08/2025 09:15:50 · Announcement #89275 · View on Saudi Exchange

Najran Cement Company announces the interim financial results for the period ending on 2025-06-30 (Six Months)

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 124,701113,26710.094135,240-7.792
Gross Profit (Loss) 21,47420,8492.99733,834-36.531
Operational Profit (Loss) 9,66611,255-14.11822,744-57.5
Net profit (Loss) 4,5194,1738.29117,190-73.711
Total Comprehensive Income 4,5194,1738.29117,190-73.711
All figures are in (Thousands) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar period for previous year%Change
Sales/Revenue 259,941251,3943.399
Gross Profit (Loss) 55,30857,327-3.521
Operational Profit (Loss) 32,41135,929-9.791
Net profit (Loss) 21,71222,068-1.613
Total Comprehensive Income 21,71222,068-1.613
Total Shareholders Equity (after Deducting Minority Equity) 2,028,1781,996,1311.605
Profit (Loss) per Share 0.130.13
All figures are in (Thousands) Saudi Arabia, Riyals
Element ListAmountPercentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value --
All figures are in (Thousands) Saudi Arabia, Riyals
Element ListExplanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is The reason for the increase in sales during the current quarter compared to the same quarter of last year is due to the increase in sales volume.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is The reason for the increase in the net profit during the current quarter compared to the same quarter of last year is due to the increase in sales, a decline in financing expenses, and an increase in other income, despite the increase in general and administrative costs
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is The reason for the decrease in sales during the current quarter compared to the previous quarter is due to a decline in sales volume.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is The reason for the decrease in net profit during the current quarter compared to the previous quarter is due to the decline in sales and increase in the cost of production inputs.
The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is The reason for the increase in sales during the current period compared to the same period of the last year is due to the increase in sales.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is The reason for the decrease in net profit during the current period compared to the same period of the last year is due to the increase in the cost of production inputs and general and administrative costs, despite the increase in sales volume and decrease in financing expenses.
Statement of the type of external auditor's report Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) Other Matter:

We reviewed the Group’s condensed consolidated interim financial statements as at and for the period ended 30 June 2024 and we issued a modified conclusion on our report dated 11 Safar 1446 H (Corresponding to 15 August 2024). As part of our review procedures of the Group’s condensed consolidated interim financial statements for the three and six month periods ended 30 June 2025, we reviewed the adjustments mentioned in note (19) that were applied to restate the comparative figures presented to the Group’s condensed consolidated interim financial statements of profit or loss and other comprehensive income, changes in equity and cash flows for the three and six month periods ended 30 June 2024.Reclassification of Comparison Items Certain figures have been reclassified to comply with the presentation of the current period financial statements, additionally adjustments were made to some balances of previous periods in accordance with International Accounting Standard no. 8, as shown in note no. 19 of the Interim Condensed Consolidated Financial Statements.Additional Information Earnings per share is calculated by dividing the net profit for the period by the weighted average number of ordinary shares outstanding during the period amounting to: for the three-month period ending June 30, 2025: 167,886 million shares, for the six-month period ending June 30, 2025: 168,872 million shares, (for the three-month and six-month periods ended June 30, 2024: 170,000 million shares).

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.