Saudi's Yamama Cement falls to bottom of TASI as profit plummets

** Shares of Yamama Cement TADAWUL:3020 fall as much as 9.5% to 28.62 riyals; top loser on Saudi benchmark index TADAWUL:TASI

** Stock poised for its sharpest one-day decline in nearly five-and-a-half years, if current losses hold

** Q3 net profit falls more than 63% Y-o-Y to 35.9 million riyals ($9.57 million)

** Drop driven by lower selling prices and higher admin/selling costs

** Three of four analysts rate the stock "hold" while one suggests "buy"; median PT is 36.5 riyals - LSEG data

** Session's decline takes YTD losses to 18.35%

($1 = 3.7504 riyals)