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Southern Province Cement Co. 2020 Annual Results

Revenue
SAR 974M
Net Profit
SAR 603M

Southern Province Cement Co. (3050) reported full year 2020 revenue of SAR 974M, up 27.7% from SAR 763M in 2019. Net profit came in at SAR 603M, up 31.9% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric20202019
RevenueSAR 974MSAR 763M
Net ProfitSAR 603MSAR 457M
Gross ProfitSAR 679MSAR 538M
Net Margin61.9%60.0%
ROE18.4%13.8%
Total AssetsSAR 4.14BSAR 4.20B
Total EquitySAR 3.28BSAR 3.31B

Year on Year Comparison

Revenue increased by 27.7% compared to 2019. Net profit increased by 31.9%. Both revenue and profit grew — indicating expanding business.

Financial data sourced from CMA-mandated XBRL filings published on the Saudi Exchange (Tadawul). Data processed and structured by Sahm Screener (sahmscreener.com). Updated nightly. Last updated: 2021-03-11.