Qassim Cement Co 2024 Annual Report with Sustainability Disclosures
Company: Qassim Cement Co
Sector: Manufacturing
Country: Saudi Arabia
Year: 2024
Type: Annual Report with Sustainability Disclosures
Pages: 47
The report describes QCC's 2024 acquisition of Hail Cement in a SAR 1.3 billion share-swap deal, increasing production capacity to 8.6 Mn tons. It reports consolidated revenue of 967,578 thousand SAR and highlights post-acquisition integration. Sustainability coverage includes a new framework incorporating the Saudi Green Initiative, Paris Agreement and UNSDGs, plus a Green Program that planted 30,000 trees in 2024 toward a 350,000-tree 2030 target. The company also reports ISO 14001-2015 certification and wastewater treatment with reuse for irrigation.
No ESG data is available for this report.