Riyadh - Mubasher: The net profits of Umm Al Qura Cement Company reached SAR 24.64 million in the first quarter (Q1) of 2026, reflecting a 125.92% year-on-year (YoY) surge from SAR 10.91 million.
The earnings per share (EPS) stood at SAR 0.45 in Q1-26, compared to SAR 0.20 in the same period of 2025, according to the financial results.
Meanwhile, the revenues hiked by 46.12% YoY to SAR 88.34 million in January-March 2026 from SAR 60.45 million.
On a quarterly basis, the Q1-26 net profits jumped by 87.29% from SAR 13.16 million in Q4-25, whereas the revenues grew by 6.51% when compared to SAR 82.94 million.
No Dividends for 2025
The board members of Umm Al Qura Cement recommended not to distribute cash dividends to the shareholders for 2025.
The company elaborated that the decision is intended to support and strengthen its financial position, noting that halting the dividends is yet subject to the approval of the coming general assembly meeting, which will be announced at a later time.
During 2025, the Tadawul-listed company generated net profits worth SAR 45.77 million, higher by 4.07% YoY than SAR 47.71 million.