Qassim Cement Company SJSC
SAU:3040
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Gross Margin
Qassim Cement Company SJSC
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | SA |
Market Cap | 5.7B SAR |
Gross Margin |
35%
|
Country | IE |
Market Cap | 63.7B USD |
Gross Margin |
35%
|
Country | CH |
Market Cap | 48.7B CHF |
Gross Margin |
43%
|
Country | IN |
Market Cap | 3.3T INR |
Gross Margin |
58%
|
Country | US |
Market Cap | 34.7B USD |
Gross Margin |
26%
|
Country | US |
Market Cap | 32.6B USD |
Gross Margin |
29%
|
Country | DE |
Market Cap | 21.6B EUR |
Gross Margin |
0%
|
Country | IN |
Market Cap | 1.7T INR |
Gross Margin |
64%
|
Country | CN |
Market Cap | 128.2B CNY |
Gross Margin |
16%
|
Country | IN |
Market Cap | 1.4T INR |
Gross Margin |
59%
|
Country | DE |
Market Cap | 13.8B EUR |
Gross Margin |
0%
|
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
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Qassim Cement Company SJSC's most recent financial statements, the company has Gross Margin of 34.7%.