Operating two production plants in the eastern province (Hofuf and Al-Hasa) with an export terminal at King Abdulaziz Port, the company maintains strong financial health with 14.64% revenue growth in 2024 to SAR 1.68 billion. The company benefits from stable cash flows, low debt (0.13x), and consistent dividend payments (6.15% yield), positioning it well within the Arabian cement sector.
Cyborg Score Rationale
Strong fundamentals with 19.18% ROE, healthy liquidity (1.61x current ratio), and low leverage. Revenue growth momentum remains positive with 10.72% earnings increase in 2024, though stock volatility and recent price pressure (-4.18% year-over-year) suggest market headwinds in the construction sector.
Top Insights
Financial growth accelerating: 14.64% revenue increase in 2024 to SAR 1.68B with 10.72% earnings growth
Strong shareholder returns: 6.15% dividend yield with 10% annual dividend policy and consistent capital distributions
Operationally efficient: Low leverage (0.13x debt/equity), strong ROE of 19.18%, and positive free cash flow of SAR 496.64M annually
Regional competitive position: Operates two major production plants with export infrastructure across GCC, Europe, Africa and US markets
Named Competitors
Cement & Clinker — Eastern province cement manufacturer
Cement & Clinker — Regional cement producer
Cement & Clinker — Northern region cement operations