Southern Province Cement Co. announces its Interim Financial results for the Period Ending on 2025-09-30 ( Nine Months ) | premargin

Southern Province Cement Co. announces its Interim Financial results for the Period Ending on 2025-09-30 ( Nine Months )

TadawulNovember 11, 2025View on exchange

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	219	233	-6.008	195	12.307
Gross Profit (Loss)	34	72	-52.777	40	-15
Operational Profit (Loss)	16	49	-67.346	21	-23.809
Net profit (Loss)	2	49	-95.918	15	-86.666
Total Comprehensive Income	2	49	-95.918	15	-86.666
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	634	698	-9.169
Gross Profit (Loss)	122	224	-45.535
Operational Profit (Loss)	69	160	-56.875
Net profit (Loss)	44	143	-69.23
Total Comprehensive Income	44	143	-69.23
Total Shareholders Equity (after Deducting Minority Equity)	3,291	3,245	1.417
Profit (Loss) per Share	0.32	1.02
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Amount	Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	-	-
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Explanation
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 decrease in revenue in the current quarter compared to the same quarter last year is due to a decrease in the average selling price.
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 decrease in net profit for the current quarter compared to the same quarter of the previous year is due to: The combination of a decrease in revenues with an increase in the cost of sales resulting from an increase in the cost per unit sold, an increase in financing costs, and a decrease in financing income and other income.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	The increase in revenue in the current quarter compared to the previous quarter is due to higher sales volume.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	The decrease in net profit for the current quarter compared to the previous quarter is due to: An increase in the cost of sales resulting from a rise in the cost per unit sold, and an increase in financing costs.
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 decrease in revenue for the current period compared to the same period of the previous year is due to a decrease in sales volume.
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 decrease in net profit for the current period compared to the same period of the previous year is due to: A decrease in revenue resulting from a decrease in sales volume coupled with an increase in the cost of sales resulting from an increase in the cost per unit sold, and a decrease in financing income and other income.
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)	Another matter The Company's condensed interim financial statements for the three-month and nine-month periods ended September 30th, 2024, were examined by another auditor, who expressed an unmodified opinion on those condensed interim financial statements on 8 Jumada al-Awwal 1446 AH, corresponding to November 10th, 2024. In addition, the Company's financial statements for the fiscal year ended December 31st, 2024, were audited by another auditor, who expressed an unmodified opinion on those financial statements on 10 Shawwal 1446 AH, corresponding to April 8th, 2025.
Reclassification of Comparison Items	non
Additional Information	The financial statements for the year ended December 31st, 2024, and the beginning balances for the same year have been restated and re-presented.