Saudi Arabia’s Qassim Cement reported an attributable net profit of SAR157.7m (US$42.1m) for the first nine months of 2026, down 17.5 per cent year on year.

Revenue declined by 11.2 per cent to SAR748.5m from the corresponding period of 2025. The producer attributed the weaker results to lower sales volumes and selling prices, combined with higher operating costs following increases in fuel prices.

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Third-quarter revenue fell by 26.6 per cent year on year to SAR181.2m, indicating a sharper deterioration during the latest reporting period.