Riyadh – Mubasher: Najran Cement Company reported net profits after Zakat and tax worth SAR 165.54 million during 2021, a decline of 17.61% from SAR 200.94 million in 2020.
Earnings per share stood at SAR 0.97 last year, compared to SAR 1.18 in 2020, according to the financial results on Monday.
Revenues decreased by 6.68% on an annual basis to SAR 581.55 million in 2021 from SAR 623.19 million.
It is worth mentioning that during the first nine months (9M) of 2021, Najran Cement posted net profits of SAR 129.51 million, up from SAR 120.48 million in 9M-20.
