Al Yamamah Steel Industries Co. reported a decline in net profit for the fiscal year ended September 30, 2025, with earnings falling 15.7pct YoY to SAR 59.69 mln (USD 15.9 mln).
The company said the drop was mainly driven by an 8pct decline in prices for products supplied to the construction sector. Revenue for the period also slipped by nearly 4pct YoY to SAR 1.88 bln (USD 501 mln), reflecting lower sales volumes and values in the renewable energy sector.
Al Yamamah Steel specializes in the manufacturing and sale of a variety of products including welded tubes, sheets, rebars, and three-dimensional space structures, primarily serving the buildings and infrastructure sector. The company also produces galvanized steel lighting and distribution poles, high mast structures, and galvanized steel lattice towers for the electrical and distribution industry. Its production facilities are strategically located in Jeddah, Dammam, and Yanbu.
1 USD / 3.75 SAR
