Saudi Arabia based Najran Cement Co saw a 10.1 per cent increase in revenue to SAR534.5m in 2024 from SAR485.65m in 2023, according to the company’s financial statements. Net profit advanced by 24.1 per cent to SAR68.42m in 2024 when compared with SAR55.16m as sales grew and the gross margin improved, offsetting higher expenses and finance costs. Earnings per share increased to SAR0.40 from SAR0.32 in 2023.
Najran Cement Co runs 6.1Mta of cement capacity, split between the 4.1Mta Sultana integrated works at Al Mundfin and the 2Mta Aakfa cement grinding unit.
