Arabian Cement Co posted a net profit after zakat and tax of SAR49.2m (US$13.1m) in the 1Q23, down 17.4 per YoY from SAR41.9m. It was 40.2 per cent higher QoQ when compared with SAR35.1m in the 4Q22.
The company’s sales declined 7.4 per cent YoY to SAR240.1m in the 1Q23 when compared with SAR259.3m in the equivalent period of the previous year, according to Mubasher.

Buzzi increases tender offer to Gulf Cement Co
After the offer document submitted on 13 March 2025 for TC Mena Holdings Ltd, a subsidiary of ...