Qassim Cement records fall in net profit for 1Q18
Saudi Arabia’s Qassim Cement Co has announced a 28.7 per cent YoY fall in net profit for the 1Q18, decreasing to SAR57.2m (US$15.25m) from SAR80.2m. Total sales of the company ...
Qassim Cement
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Qassim Cement sees 38% drop in profit
Saudi Arabia’s Qassim reported a 26.5 per cent YoY fall in sales to SAR626m in 2017 from SAR852m. Net profit fell 37.8 per cent from SAR405.1m in 2016 to SAR251.8m one year ...
Saudi Arabian cement sales down 16% in January
Domestic cement deliveries in Saudi Arabia in January 2017 were 15.9 per cent lower than in the same month the previous year, according to statistics released by Yamama Cement....
Saudi Arabia: cement sales down 7%
A recent report from Al Rajhi Capital Research stated that total cement sales in Saudi Arabia fell 6.8 per cent YoY to 47Mt in the first 10 months of 2016, from 50.2Mt in the s...
Saudi Arabia: Qassim Cement reports lower-than-expected 3Q16 profits
Saudi Arabia’s Qassim Cement reported a profit of SAR70.4m (US$18.8m) in 3Q16 and an operating profit of S AR78.3m. The results were lower than expected, according to Al Rahji ...
Qassim Cement profits fall 17% in 1Q16
Saudi Arabia’s Qassim Cement saw its profits drop 16.8 per cent YoY to SAR135.4m (US$36.1m) from SAR162.7m. The fall in profits has been attributed to an increase in cost of ...
Saudi Arabia: Qassim Cement sees 6% rise in 3Q profit
Saudi-based producer Qassim Cement reported a six per cent rise in third-quarter profit to SAR115m (US$30.7m), versus SAR109m in the same quarter of last year, according to a b...
Qassim Cement approves dividend, Saudi Arabia
Saudi cement producer Qassim Cement Co (QCC) approved at a general meeting on Sunday a cash dividend payment of SAR270m (US$72m), or SAR 3 per share, for the second half of 201...
Saudi: Qassim’s 2Q14 net profit slips, sales down 10%
Qassim Cement posted a 1.5 per cent decline in net profit for the second quarter of 2014 to SAR161.1m (US$43m). Sales volumes dropped 10 per cent YoY during the three months ...
Qassim Cement 1Q14 net profit declines
Qassim Cement Company reported net profits amounting to SAR159m (US$42.4m) in the first quarter of 2014, down 5.59 per cent for the same period of the last year. In a statemen...