Qassim Cement Co (3040)

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News

05:41 AM Qassim Cement’s net profits fall 15% in Q2-26 on lower selling prices

Riyadh – Mubasher: Qassim Cement Company achieved a net profit of SAR 51.78 million for the second quarter (Q2) ending on 30 June 2026, marking a 15.21% decline from SAR 61.06 million in Q2-25. The revenue for the quarter fell by 6.44% to SAR …

Company News

25 June 03:39 PM Qassim Cement projects increase in total costs following notification from Aramco

Riyadh – Mubasher: Qassim Cement Company has disclosed the anticipated financial impact of revised fuel product pricing following a formal notification from Saudi Arabian Oil Company (Aramco). The cement manufacturer expects its total production …

Company News

10 June 08:58 PM MedGulf to consider financial restructuring, related-party contracts with listed entities

Riyadh – Mubasher: The Mediterranean and Gulf Insurance and Reinsurance Company (MedGulf) will hold an Extraordinary General Assembly Meeting on 29 June 2026, which will focus on a strategic proposal to offset accumulated losses using the …

Management Decisions

7 May 11:30 PM Qassim Cement announces lower Q1-26 financial results, nearly SAR 88m dividend payout

Riyadh – Mubasher: Qassim Cement Company logged net profits worth SAR 68.72 million in the first quarter (Q1) of 2026, signaling a 22.45% decline from SAR 88.61 million in Q1-25. The earnings per share (EPS) retreated to SAR 0.63 in Q1-26 when …

Cash Dividends

18 February 02:56 PM Qassim Cement unveils SAR 1.1bn revenues in 2025, quarterly dividends

Riyadh – Mubasher: The net profits attributable to the shareholders of Qassim Cement Company declined by 9.59% year-on-year (YoY) to SAR 259.93 million in 2025 from SAR 287.49 million. The revenues climbed by 17.13% year-on-year (YoY) to SAR 1.13 …

Financial Results

22 December 2025 07:54 PM Qassim Cement secures SAR 1.5bn credit facility from SNB

Riyadh - Mubasher: Qassim Cement Company has signed a Shariah-compliant credit facility agreement with the Saudi National Bank (SNB) valued at SAR 1.50 billion on 22 December. The ten-year facility will support the financing of the company’s …

Sukuk and Islamic Finance

2 November 2025 01:09 PM Qassim Cement’s net profits decline 10% in 9M-25

Riyadh - Mubasher: Qassim Cement Company registered an annual drop of 9.68% in net profits to SAR 191.07 million during the first nine months (9M) of 2025, compared to SAR 211.56 million in 9M-24. Earnings per share (EPS) retreated to SAR 1.74 in …

Financial Results

17 August 2025 11:57 AM Qassim Cement inks $298m deal with Sinoma International Engineering

Riyadh - Mubasher: Qassim Cement Company has signed a $298 million contract with Sinoma International Engineering to establish its fourth production line at the company’s existing plant site in Buraydah City. The new line will have a production …

Companies Investments

13 August 2025 07:44 AM Qassim Cement reports 3% growth in H1-25 net profits

Riyadh - Mubasher: Qassim Cement Company generated 2.77% higher net profits at SAR 149.68 million in the six-month (6M) period ended 30 June 2025, compared with SAR 145.63 million as of 30 June 2024. Revenues reached SAR 596.15 million in the …

Financial Results

20 May 2025 05:50 PM Qassim Cement to disburse 8% of capital as dividends for Q1-25

Riyadh – Mubasher: Qassim Cement Company announced cash dividends to its shareholders amounting to SAR 87.80 million, representing 8% of the capital, for the first quarter (Q1) of 2025. Qassim Cement will disburse a dividend of SAR 0.80 per share …

Financial Results

19 March 2025 04:31 PM Qassim Cement’s profits cross SAR 301m in 2024

Riyadh – Mubasher: Qassim Cement Company achieved net profits worth SAR 301.34  million in 2024, higher by 112.26% year-on-year (YoY) than SAR 141.97 million. Revenues surged by 65.81% YoY to SAR 967.57 million at the end of December 2024 from SAR …

Financial Results

20 November 2024 11:38 AM Qassim Cement to pay SAR 71.5m dividends for Q3-24 following 800% higher profits

Riyadh – Mubasher: Qassim Cement Company announced cash dividends amounting to SAR 71.34 million for the third quarter (Q3) of 2024, according to a bourse disclosure. The board members greenlighted a dividend distribution of SAR 0.65 per share for …

Financial Results

29 August 2024 00:51 PM Qassim Cement announces cash dividends for Q1-24, Q2

Riyadh – Mubasher: The board of Qassim Cement Company decided to disburse cash dividends valued at SAR 143.72 million for the first quarter (Q1) as well as Q2 of 2024. The company will distribute a dividend of SAR 1.30 per share, equivalent to SAR …

Board of Directors

13 August 2024 01:32 PM Qassim Cement’s H1-24 net profits exceed SAR 147m

Riyadh – Mubasher: Qassim Cement Company logged net profits amounting to SAR 147.11 million in the first half (H1) of 2024, an annual leap of 58.12% from SAR 93.03 million. The revenues stood at SAR 399.71 million in H1-24, higher by 28.41% …

Financial Results

11 June 2024 00:03 PM Qassim Cement’s shareholders pass capital raise to fully acquire Hail Cement

Riyadh – Mubasher: The extraordinary general meeting (EGM) of Qassim Cement Company approved increasing the capital by 22.80% to SAR 1.10 billion from SAR 900 million. The Saudi firm will issue 20.55 million ordinary shares with a nominal value of …

General Assembly

16 May 2024 00:40 PM Qassim Cement’s net profit leaps 35% YoY in Q1-24

Riyadh – Mubasher: Qassim Cement Company reported a 35.09% year-on-year (YoY) surge in net profit to SAR 74.22 million in the first quarter (Q1) of 2024 from SAR 54.93 million. Revenues rose by 12.83% YoY to SAR 196.41 million in Q1-24 from SAR …

Financial Results

21 February 2024 05:23 PM Qassim Cement’s net profit rises 9% YoY in 2023

Riyadh – Mubasher: Qassim Cement Company logged an 8.78% year-on-year (YoY) increase in net profit to SAR 141.97 million during the financial year 2023 from SAR 130.51 million. On the other hand, revenues declined by 13.99% YoY to SAR 583.55 …

Cash Dividends

25 December 2023 03:03 PM Qassim Cement to fully acquire Hail Cement

Riyadh – Mubasher: Qassim Cement Company plans to acquire Hail Cement Company’s entire shares through a securities exchange transaction. The transaction shall be implemented in accordance with the rules and obligations issued by the Capital Market …

Companies Investments

27 November 2023 00:50 PM Qassim Cement to disburse 6.5% of capital as cash dividends for Q3-23

Riyadh – Mubasher: Qassim Cement Company announced cash dividends worth SAR 58.50 million for the third quarter (Q3) of 2023, according to a bourse disclosure. A total of 90 million eligible shares will be granted a dividend of SAR 0.65 per share, …

Cash Dividends

9 November 2023 03:04 PM Qassim Cement’s profits jump 30.5% in 9M-23 interim results

Riyadh – Mubasher: Qassim Cement Company posted a 30.48% leap in net profit after Zakat and tax to SAR 101.08 million during the first nine months (9M) of 2023, versus SAR 77.47 million in 9M-22. The earnings per share (EPS) hit SAR 1.12 in 9M-23, …

Financial Results

28 May 2023 11:19 AM Qassim Cement unveils SAR 58.5m cash dividends for Q1-23

Riyadh – Mubasher: The board of Qassim Cement Company proposed cash dividends amounting to SAR 58.50 million, equivalent to 6.50% of the capital, for the first quarter (Q1) of 2023. The Saudi firm will disburse SAR 0.65 per share for 90 million …

Board of Directors

3 May 2023 03:19 PM Qassim Cement witnesses 119% higher profits in Q1-23

Riyadh – Mubasher: The net profits after Zakat and tax of Qassim Cement Company amounted to SAR 54.93 million during the first quarter (Q1) of 2023, an annual surge of 119.02% from SAR 25.08 million. The firm posted a 22.16% year-on-year (YoY) …

Financial Results

20 February 2023 10:02 AM Qassim Cement announces SAR 130.5m profits in 2022, dividends proposal

Riyadh – Mubasher: Qassim Cement Company witnessed a 55.28% year-on-year (YoY) plunge in net profit after Zakat and tax to SAR 130.51 million in 2022, compared to SAR 291.87 million. The Tadawul-listed firm generated revenues worth SAR 678.45 …

Cash Dividends

23 November 2022 03:08 PM Qassim Cement’s board proposes 6% of capital as dividends for Q3-22

Riyadh – Mubasher: The board of Qassim Cement Company recommended cash dividends worth SAR 54 million, representing 6% of the capital, for the third quarter (Q3) of 2022. The firm would disburse SAR 0.60 per share for 90 million eligible shares, …

Cash Dividends

25 September 2022 06:03 PM Qassim Cement pens MoU to acquire Hail Cement’s shares

Riyadh – Mubasher: Qassim Cement Company signed a non-binding memorandum of understanding (MoU) with Hail Cement Company on 25 September 2022 to acquire the latter’s issued shares. Upon completing the proposed transaction, Qassim Cement will issue …

Companies Investments