Al Jouf Cement Co. stated that it was unable to publish its consolidated financial results for 2025 within the specified time, according to a Tadawul statement.
This is due to the ongoing audit of the statements, in addition to the existence of substantial differences in some inventory items, the cement producer said. It added that these items are currently under review by the management and the audit committee, in coordination with the external auditor, in order to determine the appropriate accounting treatment in accordance with the approved accounting standards.
The company is currently working on completing the audit in coordination with the external auditor, in addition to completing the study of the differences mentioned above, in preparation for the approval of the financial statements by the competent authorities in the company.
The statements are expected to be published during the regular deadline no later than April 29, 2026.
The procedures for suspending trading of the stock will be implemented in accordance with the listing rules, the company said.
It added that it will periodically disclose any updates related to this matter on a monthly basis, along with any relevant material developments, to ensure a high level of transparency and protect shareholders’ interests.
The cement producer posted a net loss of SAR 63.7 million for 9M 2025, compared with SAR 27.7 million a year before, according to Argaam data.
Al Jouf Cement Co. stated that it was unable to publish its consolidated financial results for 2025 within the specified time, according to a Tadawul statement.
This is due to the ongoing audit of the statements, in addition to the existence of substantial differences in some inventory items, the cement producer said. It added that these items are currently under review by the management and the audit committee, in coordination with the external auditor, in order to determine the appropriate accounting treatment in accordance with the approved accounting standards.
The company is currently working on completing the audit in coordination with the external auditor, in addition to completing the study of the differences mentioned above, in preparation for the approval of the financial statements by the competent authorities in the company.
The statements are expected to be published during the regular deadline no later than April 29, 2026.
The procedures for suspending trading of the stock will be implemented in accordance with the listing rules, the company said.
It added that it will periodically disclose any updates related to this matter on a monthly basis, along with any relevant material developments, to ensure a high level of transparency and protect shareholders’ interests.
The cement producer posted a net loss of SAR 63.7 million for 9M 2025, compared with SAR 27.7 million a year before, according to Argaam data.
