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Qassim Cement Co. 2020 Annual Results

Revenue
SAR 425M
Net Profit
SAR 420M

Qassim Cement Co. (3040) reported full year 2020 revenue of SAR 425M, up 16.4% from SAR 365M in 2019. Net profit came in at SAR 420M, up 16.4% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric20202019
RevenueSAR 425MSAR 365M
Net ProfitSAR 420MSAR 361M
Gross ProfitSAR 473MSAR 426M
Net Margin98.7%98.7%
ROE23.2%20.2%
Total AssetsSAR 2.12BSAR 2.06B
Total EquitySAR 1.81BSAR 1.78B

Year on Year Comparison

Revenue increased by 16.4% compared to 2019. Net profit increased by 16.4%. Both revenue and profit grew — indicating expanding business.

Financial data sourced from CMA-mandated XBRL filings published on the Saudi Exchange (Tadawul). Data processed and structured by Sahm Screener (sahmscreener.com). Updated nightly. Last updated: 2021-02-11.