Riyadh – Mubasher: Riyadh Cement Company recorded a 32% annual increase in net profits after Zakat and tax to SAR 160.38 million during the first half (H1) of 2021 from SAR 121.32 million in H1-20.
Earnings per share rose to SAR 1.34 in H1-21 from SAR 1.01 in H1-20, according to the financial results on Tuesday.
Revenues grew by 34% to SAR 401.43 million in the first six months of 2021, compared to SAR 298.87 million in the January-June 2020 period.
Riyadh Cement is listed and trading on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul).