Qassim Cement Company SJSC
SAU:3040
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Qassim Cement Company SJSC
Net Income
Qassim Cement Company SJSC
Net Income Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Net Income | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Qassim Cement Company SJSC
SAU:3040
|
Net Income
ď·Ľ260.4m
|
CAGR 3-Years
-11%
|
CAGR 5-Years
0%
|
CAGR 10-Years
-8%
|
||
Eastern Province Cement Company SJSC
SAU:3080
|
Net Income
ď·Ľ249.2m
|
CAGR 3-Years
-1%
|
CAGR 5-Years
13%
|
CAGR 10-Years
-3%
|
||
Southern Province Cement Company SJSC
SAU:3050
|
Net Income
ď·Ľ361.3m
|
CAGR 3-Years
-11%
|
CAGR 5-Years
0%
|
CAGR 10-Years
-10%
|
||
Yanbu Cement Company SJSC
SAU:3060
|
Net Income
ď·Ľ162.4m
|
CAGR 3-Years
-12%
|
CAGR 5-Years
-6%
|
CAGR 10-Years
-14%
|
||
Yamama Cement Company SJSC
SAU:3020
|
Net Income
ď·Ľ360.8m
|
CAGR 3-Years
5%
|
CAGR 5-Years
13%
|
CAGR 10-Years
-6%
|
||
S
|
Saudi Cement Company SJSC
SAU:3030
|
Net Income
ď·Ľ682.3m
|
CAGR 3-Years
18%
|
CAGR 5-Years
9%
|
CAGR 10-Years
-5%
|
Qassim Cement Company SJSC
Glance View
In the heart of Saudi Arabia, amidst the bustling economic landscape, Qassim Cement Company SJSC stands as a significant pillar in the kingdom's burgeoning construction sector. Established in the 1980s, Qassim Cement has steadily carved its niche, cementing its reputation through strategic operational excellence. As a prominent player in the cement industry, the company's operations are anchored in producing and supplying a diverse range of cement products, catering to the varied needs of residential, commercial, and infrastructural projects. At the core of its business model, Qassim Cement transforms raw materials such as limestone and clay into cement through a sophisticated process involving extraction, grinding, blending, and heating in kilns—followed by cooling and grinding into the fine powder that forms the backbone of modern construction. Financially, Qassim Cement capitalizes on the region's robust construction demand driven by the Saudi Vision 2030's emphasis on infrastructure development. The company generates revenue by selling its cement products directly to large-scale projects, builders, and distributors. Its strategic location in the Qassim region offers logistical advantages, allowing it to efficiently service both domestic needs and explore lucrative export markets throughout the Gulf region. By adhering to stringent quality controls and leveraging advanced technology, Qassim Cement not only maintains its competitive edge but also ensures customer satisfaction, thus reinforcing its position as a durable player in an industry pivotal to the kingdom's economic aspirations.
See Also
What is Qassim Cement Company SJSC's Net Income?
Net Income
260.4m
SAR
Based on the financial report for Sep 30, 2024, Qassim Cement Company SJSC's Net Income amounts to 260.4m SAR.
What is Qassim Cement Company SJSC's Net Income growth rate?
Net Income CAGR 10Y
-8%
Over the last year, the Net Income growth was 69%. The average annual Net Income growth rates for Qassim Cement Company SJSC have been -11% over the past three years , and -8% over the past ten years .