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Qassim Cement Co. 2022 Annual Results

Revenue

SAR 490M

Net Profit

SAR 131M

Qassim Cement Co. (3040) reported full year 2022 revenue of SAR 490M, up 13.0% from SAR 433M in 2021. Net profit came in at SAR 131M, down 55.8% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2022	2021
Revenue	SAR 490M	SAR 433M
Net Profit	SAR 131M	SAR 295M
Gross Profit	SAR 188M	SAR 289M
Net Margin	26.6%	68.1%
ROE	7.8%	17.0%
Total Assets	SAR 1.93B	SAR 2.02B
Total Equity	SAR 1.66B	SAR 1.74B

Year on Year Comparison

Revenue increased by 13.0% compared to 2021. Net profit decreased by 55.8%. 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: 2023-02-23.