Riyadh Cement Company (9512.SR) Q4 2024 Earnings Report

Riyadh Cement Company delivered a robust QQ4 2024 performance, highlighted by strong top-line growth and expanding profitability. Revenue reached SAR 233.84 million, up 56.6% year-over-year and 15.2% quarter-over-quarter, with gross profit of SAR 88.76 million and a gross margin of 37.96%. EBITDA stood at SAR 108.0 million, yielding an EBITDA margin of 46.18%, while operating income reached SAR 81.37 million (operating margin of 34.80%). Net income totaled SAR 81.33 million, translating to a net margin of roughly 34.78% and an EPS of SAR 0.68. The company generated substantial operating cash flow of SAR 164.25 million and free cash flow of SAR 100.01 million, supporting a net cash position of SAR 144.58 million (net debt negative) alongside a cash balance of SAR 148.70 million at period-end. Liquidity remains strong, with current and quick ratios of 4.86x and 2.98x, respectively. Relative to peers, Riyadh Cement exhibits one of the strongest profitability profiles in the Saudi cement sector, while maintaining conservative leverage. Management commentary is not available in the provided transcript dataset, so quotes and call-outs could not be reproduced here. The lack of explicit forward guidance necessitates reliance on sector dynamics and execution discipline going forward.