Najran Cement Company Income Statement

Financials in millions SAR. Fiscal year is January - December.

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	516.13	534.51	485.65	535.69	581.55
Revenue Growth (YoY)	-3.44%	10.06%	-9.34%	-7.89%	-6.68%
Cost of Revenue	406.05	391.57	358.44	366.57	352.42
Gross Profit	110.08	142.93	127.21	169.11	229.14
Selling, General & Admin	46.19	47.09	45.63	42.62	48.9
Operating Expenses	46.19	47.09	45.63	42.62	48.9
Operating Income	63.89	95.84	81.59	126.49	180.24
Interest Expense	-21.1	-23.93	-23.05	-10.42	-7.38
Other Non Operating Income (Expenses)	1.28	2.27	2.68	3.8	-1.85
EBT Excluding Unusual Items	44.08	74.19	61.22	119.87	171.01
Gain (Loss) on Sale of Assets	-	-0.03	0.1	-0.44	-
Pretax Income	44.08	74.16	61.31	119.43	171.01
Income Tax Expense	7.33	5.73	6.15	6.62	5.46
Net Income	36.75	68.43	55.16	112.81	165.55
Net Income to Common	36.75	68.43	55.16	112.81	165.55
Net Income Growth	-46.30%	24.05%	-51.10%	-31.86%	-17.61%
Shares Outstanding (Basic)	167	170	170	170	170
Shares Outstanding (Diluted)	167	170	170	170	170
Shares Change (YoY)	-1.80%	-	-	-	-
EPS (Basic)	0.22	0.40	0.32	0.66	0.97
EPS (Diluted)	0.22	0.40	0.32	0.66	0.97
EPS Growth	-45.34%	24.05%	-51.10%	-31.86%	-17.61%
Free Cash Flow	70.62	40.25	-38.3	42.28	217.19
Free Cash Flow Per Share	0.42	0.24	-0.23	0.25	1.28
Dividend Per Share	-	-	-	0.500	1.000
Dividend Growth	-	-	-	-50.00%	-33.33%
Gross Margin	21.33%	26.74%	26.20%	31.57%	39.40%
Operating Margin	12.38%	17.93%	16.80%	23.61%	30.99%
Profit Margin	7.12%	12.80%	11.36%	21.06%	28.47%
Free Cash Flow Margin	13.68%	7.53%	-7.89%	7.89%	37.35%
EBITDA	162.24	192.08	173	201.22	253.61
EBITDA Margin	31.43%	35.94%	35.62%	37.56%	43.61%
D&A For EBITDA	98.35	96.24	91.41	74.73	73.37
EBIT	63.89	95.84	81.59	126.49	180.24
EBIT Margin	12.38%	17.93%	16.80%	23.61%	30.99%
Effective Tax Rate	16.63%	7.72%	10.03%	5.54%	3.19%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.