Qassim Cement Company Income Statement

Financials in millions SAR. Fiscal year is January - December.

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,133	967.58	583.56	678.46	722.8
Revenue Growth (YoY)	17.13%	65.81%	-13.99%	-6.13%	-19.55%
Cost of Revenue	872.79	643.28	431.25	489.97	436.85
Gross Profit	260.51	324.3	152.31	188.49	285.95
Selling, General & Admin	70.22	93.61	38.55	46.59	29.55
Other Operating Expenses	-75.41	-51.4	-8.25	-17.61	-29.01
Operating Expenses	-6.45	45.85	30.3	27.33	0.54
Operating Income	266.96	278.45	122.01	161.16	285.41
Interest Expense	-4.44	-4.03	-2.8	-1.03	-1.1
Interest & Investment Income	2.43	3.68	2.44	5.57	-
EBT Excluding Unusual Items	264.95	278.09	121.65	165.7	284.31
Gain (Loss) on Sale of Investments	17.74	37.39	36.93	-10.65	37.68
Gain (Loss) on Sale of Assets	-0	-0.01	-0	-	-
Pretax Income	282.69	315.47	158.58	155.05	321.98
Income Tax Expense	22.76	27.98	16.6	24.54	30.11
Net Income	259.93	287.49	141.97	130.51	291.87
Net Income to Common	259.93	287.49	141.97	130.51	291.87
Net Income Growth	-9.59%	102.50%	8.78%	-55.28%	-30.48%
Shares Outstanding (Basic)	110	101	90	90	90
Shares Outstanding (Diluted)	110	101	90	90	90
Shares Change (YoY)	8.63%	12.27%	-	-	-
EPS (Basic)	2.37	2.85	1.58	1.45	3.24
EPS (Diluted)	2.37	2.85	1.58	1.45	3.24
EPS Growth	-16.77%	80.37%	8.79%	-55.25%	-30.47%
Free Cash Flow	-35.36	253.15	-19.7	10.47	394.78
Free Cash Flow Per Share	-0.32	2.50	-0.22	0.12	4.39
Dividend Per Share	3.200	2.750	2.600	2.200	3.500
Dividend Growth	16.36%	5.77%	18.18%	-37.14%	-21.35%
Gross Margin	22.99%	33.52%	26.10%	27.78%	39.56%
Operating Margin	23.56%	28.78%	20.91%	23.75%	39.49%
Profit Margin	22.94%	29.71%	24.33%	19.24%	40.38%
Free Cash Flow Margin	-3.12%	26.16%	-3.38%	1.54%	54.62%
EBITDA	387.45	373.81	181.15	232.79	358.39
EBITDA Margin	34.19%	38.63%	31.04%	34.31%	49.58%
D&A For EBITDA	120.49	95.36	59.14	71.64	72.99
EBIT	266.96	278.45	122.01	161.16	285.41
EBIT Margin	23.56%	28.78%	20.91%	23.75%	39.49%
Effective Tax Rate	8.05%	8.87%	10.47%	15.83%	9.35%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.