Qassim Cement Co 2024 AR2
The report highlights Qassim Cement Company's performance for the fiscal year 2024, a transformative year marked by the successful acquisition of Hail Cement Company, which increased its production capacity to 8.6 million tons and nationwide market share to 12.7%. The company achieved a net income of SAR 301 million, representing a 112% increase compared to 2023. QCC also advanced its sustainability efforts by launching a Green Program that planted 30,000 trees in 2024, with a target of 350,000 trees by 2030, aligning with the Saudi Green Initiative and UN Sustainable Development Goals.
Company: Qassim Cement Co
Sector: Manufacturing
Country: Saudi Arabia
Year: 2024
Type: AR2
Pages: 47
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Qassim Cement Co
Annual Report
The report highlights Qassim Cement Company's performance for the fiscal year 2024, a transformative year marked by the successful acquisition of Hail Cement Company, which increased its production capacity to 8.6 million tons and nationwide market share to 12.7%. The company achieved a net income of SAR 301 million, representing a 112% increase compared to 2023. QCC also advanced its sustainability efforts by launching a Green Program that planted 30,000 trees in 2024, with a target of 350,000 trees by 2030, aligning with the Saudi Green Initiative and UN Sustainable Development Goals.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available