Riyadh Cement Company (3092.SR) Q4 2024 Earnings Report

Riyadh Cement Company delivered a robust QQ4 2024 performance with a strong top-line acceleration and significant Margin expansion, supported by favorable mix, disciplined cost management, and favorable operating leverage. Revenue reached SAR 233.84 million, up 56.6% year-over-year and 15.2% quarter-over-quarter, while gross profit rose to SAR 88.76 million (gross margin ~37.96%). EBITDA stood at SAR 108.00 million, yielding an EBITDA margin around 46.18%, and net income implied a quarter with a net margin of ~34.78%. The company generated SAR 164.25 million in operating cash flow and delivered free cash flow of SAR 100.01 million after sustaining capital expenditures of SAR 64.25 million. The balance sheet remains highly liquid with net cash of SAR 144.58 million, total assets of SAR 1.970 billion, and a conservative leverage footprint (total debt SAR 4.12 million; debt-to-equity near 0.23%). The QQ4 cadence, supported by steady cash generation and very modest leverage, underpins a constructive liquidity runway for potential capacity expansions or selective capex, subject to market demand and price dynamics. Management commentary on the call (where available) would typically emphasize margin resilience, capacity utilization, and capital allocation discipline, though detailed quotes are not provided in the dataset used for this report.