{
  "id": 18097690,
  "title": "Tabuk Cement Swings to Loss as Sales Plunge 45%",
  "url": "https://urgent.news/2026/11/04/tabuk-cement-swings-to-loss-as-sales-plunge-45",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-04T09:12:01.000Z",
  "source": {
    "name": "The Saudi Standard",
    "slug": "the-saudi-standard",
    "url": "https://saudistandard.com/2026/11/04/tabuk-cement-swings-to-loss-as-sales-plunge-45/"
  },
  "original_language": "en",
  "account": null,
  "summary": "Tabuk Cement Co. reported a net loss of 5.38 million SAR in Q3 2026, reversing a profit of 8.25 million SAR in the same quarter last year. The loss was primarily driven by suspended major projects in the Tabuk region, which crushed demand, and rising fuel costs that squeezed margins. The result marks a sharp deterioration from the prior quarter’s slim 0.51 million SAR profit, and the company's revenue fell 45.5% year-on-year to 39.71 million SAR, while its net loss attributable to shareholders reached 0.78 million SAR.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}