Latest news with #QassimCementCompany
Zawya
21-05-2025
- Business
- Zawya
Saudi's Qassim Cement to disburse 8% of capital as dividends for Q1-25
Riyadh: Qassim Cement Company announced cash dividends to its shareholders amounting to SAR 87.80 million, representing 8% of the capital, for the first quarter (Q1) of 2025. Qassim Cement will disburse a dividend of SAR 0.80 per share for 109.76 million eligible shares, according to a bourse disclosure. Eligibility and distribution dates for the dividends will be 26 May and 16 June 2025, respectively. Financials The Tadawul-listed company recorded 26.75% year-on-year (YoY) higher net profits at SAR 94.08 million in Q1-25, compared to SAR 74.22 million. Revenues hiked by 54.10% YoY to SAR 302.68 million as of 31 March 2025 from SAR 196.41 million.
Zawya
20-03-2025
- Business
- Zawya
Qassim Cement's profits cross $80.26mln in 2024
Riyadh – Qassim Cement Company achieved net profits worth SAR 301.34 million in 2024, higher by 112.26% year-on-year (YoY) than SAR 141.97 million. Revenues surged by 65.81% YoY to SAR 967.57 million at the end of December 2024 from SAR 583.55 million, according to the financial results. The earnings per share (EPS) climbed to SAR 2.98 last year from SAR 1.58 in 2023. Cash Dividends for Q4-24 The board members approved cash dividends amounting to SAR 87.80 million, representing 8% of the share capital, for the fourth quarter (Q4) of 2024. Qassim Cement will disburse a dividend of SAR 0.80 per share for 109.76 million eligible shares. The eligibility and payment dates for the dividends will be 20 March and 15 April 2025, respectively. Last December, the firm disbursed SAR 71.34 million as cash dividends for Q3-24. Source: Mubasher All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. ( Mubasher
