Qassim Cement secures SAR400m SIDF financing
Qassim Cement Company has signed a SAR400m (US$106.7m) financing agreement with the Saudi Industrial Development Fund (SIDF) to support construction of its fourth production lin...
Qassim Cement Co
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Qassim Cement posts higher revenue, lower profit in FY2025
Qassim Cement Co reported a 17.1 per cent increase in sales revenue to SAR1.13bn (US$302.2m) in the year ended 31 December 2025, compared with SAR967.6m in the previous year, ac...
Qassim Cement reports 27% increase in 1Q net profit
Qassim Cement Co reported a revenue of SAR302.7m (US$80.7m) in the first quarter of 2025, up 54.1 per cent YoY from SAR196.4m in the 1Q24. The company attributed the increase in...
Qassim Cement posts 112% rise in net profit
Saudi Arabia based Qassim Cement Co posted revenues of SAR967.57m (US$258m) in 2024, up 65.8 per cent when compared with SAR583.55m in 2023. The company's net profit advanced by...
Qassim Cement appoints new board chairman and vice chairman
has appointed Dr Muhammad bin Nasser Al Dawood as chairman of the Board of Directors as of 1 January 2025 for a four-year period. The company also appointed Eng Ahmad bin Abdula...
Qassim Cement posts 58% rise in 1H net profit
Saudi Arabia-based Qassim Cement Co posted revenue of SAR203.3m for the quarter ended 30 June 2024, representing a 48.2 per cent increase from SAR137.2m in the year-ago period. ...
Qassim Cement Co plans 30MW solar power plant
Saudi Arabia's Qassim Cement Co will mandate a consulting firm to help with the preparations for a 30MW solar plant at its site in Buraydah city. Qassim Cement produces about 4M...
Qassim Cement announces 10,000tpd new line
Qassim Cement Co has announced a new 10,000tpd production line at its plant in Buraydah, Saudi Arabia, that will replace some of the current production lines. The project execut...
Export licence for Qassim Cement
Qassim Cement Co has been awarded a licence to export cement by Saudi Arabia’s Ministry of Commerce and Investment. The licence is effective for one year, according to a bourse ...
Qassim Cement sees net profit treble in 2019
Saudi Arabia-based Qassim Cement Co reported a 83.7 per cent increase in revenue to SAR781.9m (US$208.5m) in 2019 from SAR425.7m in 2018. The company net profit after zakat and ...