Riyadh – Mubasher: 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.
