Saudi Arabia’s Al Yamamah Steel Industries Co. reported a net profit of SAR 37.6 mln (USD 10 mln) for the October-December 2025 period, up sharply from SAR 4.59 mln a year earlier.
The company attributed the strong earnings increase to higher sales in the electricity and renewable energy segments, which rose by 34.27pct and 77.94pct respectively, alongside lower costs of sales in both sectors.
The company’s revenue for the quarter increased 2.84pct YoY to SAR 498.2 mln (USD 133 mln).
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
