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Qassim Cement Co. 2021 Annual Results

Revenue

SAR 433M

Net Profit

SAR 295M

Qassim Cement Co. (3040) reported full year 2021 revenue of SAR 433M, up 1.9% from SAR 425M in 2020. Net profit came in at SAR 295M, down 29.7% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2021	2020
Revenue	SAR 433M	SAR 425M
Net Profit	SAR 295M	SAR 420M
Gross Profit	SAR 289M	SAR 473M
Net Margin	68.1%	98.7%
ROE	17.0%	23.2%
Total Assets	SAR 2.02B	SAR 2.12B
Total Equity	SAR 1.74B	SAR 1.81B

Year on Year Comparison

Revenue increased by 1.9% compared to 2020. Net profit decreased by 29.7%. Revenue grew but profit declined — suggesting margin pressure.

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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: 2022-02-17.