Northern Region Cement Company (TADAWUL:3004)

TADAWUL:3004 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	661.7	622.52	689.55	617.96	561.91	651.48
Revenue Growth (YoY)	3.85%	-9.72%	11.59%	9.97%	-13.75%	-3.25%
Cost of Revenue	419.1	389.77	463.28	393.93	362.06	455.35
Gross Profit	242.6	232.75	226.28	224.03	199.85	196.13
Selling, General & Admin	115.76	112.01	99.44	76.24	77.9	67.68
Operating Expenses	116.71	112.96	99.58	84.18	79.33	69.55
Operating Income	125.88	119.79	126.69	139.85	120.52	126.58
Interest Expense	-51.4	-48.89	-54.48	-27.78	-19.18	-28.14
Interest & Investment Income	-	-	-	-	0.02	0.3
Earnings From Equity Investments	-	-	41.45	29.51	20.21	15.02
Currency Exchange Gain (Loss)	5.1	5.1	-	-	-	-
Other Non Operating Income (Expenses)	2.64	1.61	0.7	0.75	7.27	4.03
EBT Excluding Unusual Items	82.21	77.62	114.37	142.34	128.84	117.78
Gain (Loss) on Sale of Investments	-	45.45	-	-	8.41	8.41
Gain (Loss) on Sale of Assets	0.08	0.08	-0.11	-	-0.67	-
Other Unusual Items	-0.03	-0.04	-0.28	-0.42	-0.47	-0.4
Pretax Income	82.27	123.11	113.98	141.92	136.11	125.78
Income Tax Expense	23.75	22.23	57.58	29.47	29.43	17.56
Earnings From Continuing Operations	58.52	100.88	56.4	112.45	106.68	108.22
Minority Interest in Earnings	-0.11	-0.08	-0.14	-0.43	-0.61	-0.6
Net Income	58.41	100.8	56.26	112.02	106.06	107.63
Net Income to Common	58.41	100.8	56.26	112.02	106.06	107.63
Net Income Growth	-25.80%	79.17%	-49.78%	5.62%	-1.45%	16.65%
Shares Outstanding (Basic)	178	180	180	180	180	180
Shares Outstanding (Diluted)	178	180	180	180	180	180
Shares Change (YoY)	-1.37%	-	-	-	-	-
EPS (Basic)	0.33	0.56	0.31	0.62	0.59	0.60
EPS (Diluted)	0.33	0.56	0.31	0.62	0.59	0.60
EPS Growth	-24.77%	79.17%	-49.78%	5.62%	-1.45%	16.65%
Free Cash Flow	-95.41	-98.57	14.46	26.33	54.5	73.66
Free Cash Flow Per Share	-0.54	-0.55	0.08	0.15	0.30	0.41
Dividend Per Share	-	-	0.250	0.500	0.500	0.500
Dividend Growth	-	-	-50.00%	-	-	-
Gross Margin	36.66%	37.39%	32.81%	36.25%	35.57%	30.10%
Operating Margin	19.02%	19.24%	18.37%	22.63%	21.45%	19.43%
Profit Margin	8.83%	16.19%	8.16%	18.13%	18.88%	16.52%
Free Cash Flow Margin	-14.42%	-15.83%	2.10%	4.26%	9.70%	11.31%
EBITDA	185.46	170.36	200.19	212.31	196.69	196.75
EBITDA Margin	28.03%	27.37%	29.03%	34.36%	35.00%	30.20%
D&A For EBITDA	59.58	50.57	73.49	72.46	76.18	70.17
EBIT	125.88	119.79	126.69	139.85	120.52	126.58
EBIT Margin	19.02%	19.24%	18.37%	22.63%	21.45%	19.43%
Effective Tax Rate	28.87%	18.06%	50.52%	20.76%	21.62%	13.96%

Updated Mar 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.