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Arabian Cement Net Profit Surges 105% in H1 2026

Arabian Cement Company (Tadawul: 3010) announced its H1 2026 financial results, with net profit surging 104.8% YoY to SAR 90.3 million, while revenue rose 1.74% to SAR 479.1 million.

July 27, 2026
3 min read
Source: Saudi Exchange via Sahm Platform
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Key Numbers

revenue
SAR 479.1M
net profit
SAR 90.3M
eps
SAR 0.9
equity
SAR 2,562M

Arabian Cement Company (Tadawul: 3010) reported its interim financial results for the six months ended June 30, 2026, with net profit attributable to shareholders jumping 104.8% year-on-year to SAR 90.3 million from SAR 44.1 million. The sharp increase was driven by higher average selling prices at the parent company, lower depreciation expense following a revision of estimated useful lives of plant equipment, increased export sales volume from the subsidiary, and the absence of a one-off income tax expense recorded in the prior-year period.

Key Financial Results

ItemH1 2026H1 2025Change
RevenueSAR 479.1MSAR 470.9M+1.74%
Net ProfitSAR 90.3MSAR 44.1M+104.8%
EPSSAR 0.90SAR 0.44+104.5%

Highlights from the Statement

The company attributed the YoY net profit increase to:

  • Higher average selling prices at the parent company.
  • Lower depreciation expense after revising the estimated economic useful lives of plant equipment.
  • Increased export sales volume from the subsidiary.
  • Absence of a one-off income tax expense recorded in the prior-year period.

Quarter-on-quarter, revenue fell 8.47% to SAR 229 million (vs. SAR 250.2 million in Q1 2026), mainly due to lower sales volume at the parent company during the Eid Al-Adha holiday and a decrease in average selling price. Net profit declined 49.2% QoQ to SAR 30.4 million.

Guidance

The company did not provide specific forward guidance.

Impact on the Stock

The strong annual performance is likely to support the stock, especially with EPS rising to SAR 0.90. However, the quarterly decline may temper gains.

What This Means for Investors

The results show a significant improvement in profitability driven by operational and tax factors. Investors should monitor the sustainability of higher selling prices and the long-term impact of lower depreciation.

Frequently Asked Questions

Net profit reached SAR 90.3 million, up 104.8% from SAR 44.1 million in H1 2025.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.