Qassim Cement Co. · TADAWUL:3040
Qassim Cement — FY2025 Earnings Presentation
35 slides from Qassim Cement's earnings presentation, April 2026
Slide 1: Qassim Cement Company Earnings Call 2025
Qassim Cement Company Earnings Call 2025 Investor Relations - QCC Qassim Cement Company | April 2026 Delivering sustainable growth through strategic excellence, operational innovation, and stakeholder value creation 1 of 35
Slide 2: Disclaimer
Disclaimer This document has been prepared exclusively by “Qassim Cement Company” or “QCC” for the purpose of presenting its Earning Call for the year 2025, in accordance with the disclosure and reporting requirements of the Capital Market Authority (CMA) and Saudi Stock Exchange (Tadawul). All info
Slide 3: CEO's Overview
CEO’s Overview CEO's Message During the year, a second market position in the KSA cement sector was achieved by the company, supported by a 17% rise in revenue. In line with the Saudi Green Initiative and Vision 2030, we are proud to have released our first GRI-certified Sustainability Report. Our s
Slide 4: CFO's Overview
CFO’s Overview CFO's Message 2025 was a transformative year for QCC. Revenue grew 17% to SAR 1.13 billion, driven by record volumes and the Hail Cement integration. Profit reached SAR ~ 260 million despite ongoing cost pressures from fuel, energy, logistics and pricing pressure. Future Outlook Looki
Slide 5: Agenda
Agenda Company Introduction Financial Performance 01 Overview, Board, Management, 05 Revenue & Profitability, Balance Milestones & Products sheet strength & Dividends Market Outlook Operational Excellence 02 Cement Market Outlook, Demand 06 Efficiency and competitive Drivers & Key Challenges advanta
Slide 6: Company Introduction: Overview, Board, Management, Milestones & Products
Company Introduction 01 Overview, Board, Management, Milestones & Products 6 of 35
Slide 7: Company Overview
Company Overview Established Structure Market Share 1976 (Royal Decree) Saudi Joint Stock Company #2 - KSA ~5.5 ~ 100% 1.13 12.4% Mn Ton Bn SAR Capacity Utilized Market Share Installed Clinker Capacity Revenue Qassim Cement Company (QCC) is a leading Served 3,000+ major customers Saudi cement manufa
Slide 8: Company Overview
Company Overview Company raised human capital performance by providing Human Capital 16,750+ training hours to develop and train over 2,071 Development employees, ensuring highest returns for shareholders. Operational Footprint Plant 1 Plant 2 Buraidah – Qassim Region Turbah – Hail Region 8 of 35
Slide 9: Board Members
Board Members Vice Chairman of Board CEO & Board Member Board Member Board Member Board Member Eng. Ahmed Bin Eng. Omar Bin Abdullah Mr. Saad Bin Ibrahim Al- Prince Dr. Badr Bin Dr. Ghazi Bin Abdulaziz Al-Alshaikh Al Omar Mushawah Khalid Al Saud Abdulrahim Al-Rawi Board Member Board Member Board Mem
Slide 10: Management
Management Chandrasekar Fawaz Almutari Jayaraman VP Strategy & Growth Chief Operating Officer Driving long-term expansion and Leading and managing operational organizational development execution, and strategic initiatives. implementation. Eng. Omar Al Omar CEO & Board Member Leading the executive m
Slide 11: Product Portfolio: 50 Years of Industrial Resilience
Product Portfolio 50 Years of Industrial Resilience 1976 1985 1994 2008 2012 QCC established; 1st 2nd Kiln and 1st upgrade to Kiln 1. 3rd Kiln and Cement 1st upgrade to Kiln 3. Kiln and Cement Mill Cement Mill 2 Mill 3 & 4 1 commissioned. commissioned. commissioned. Jan Jun Dec Aug 2013 2024 2024 20
Slide 12: Product Portfolio
Product Portfolio OPC – Ordinary Portland Cement SRC – Sulphate Resistant Cement SASO ASTM C150 TYPE 1 SASO ASTM C150 TYPE V General Construction applications Foundations & Infrastructure Residential & Commercial Projects High Sulphate environments PPC – Pozzolanic Cement LSC – Finishing Cement SASO
Slide 13: Market Outlook, Key Challenges & QCC Strategy and Demand Driver
Market Outlook 02 Market Outlook, Key Challenges & QCC Strategy and Demand Driver 13 of 35
Slide 14: Market Outlook
Market Outlook Cement Consumption Mn Tons Regional Sales Volume Growth (YoY) Cement Market Outlook (Mn Tons) - Projected Growth * • Central • East • West • South • North 17.8% 11.8% 53.2 53.3 52.7 49.4 51.2 56.3 65 64 9.8% MN TONS 61 60 57 -1.0% -2.5% 2026 2027 2028 2029 2030 Central region leads wi
Slide 15: Key Challenges
Key Challenges Price Normalization Trend Price normalization observed despite volume growth, indicating that increased demand has not translated into proportional price improvements. 2025 Fuel Pricing Adjustments Fuel pricing adjustments implemented in 2025 increased production costs across the sect
Slide 16: Demand Drivers
Demand Drivers Vision 2030 Projects Infrastructure Fund Key growth drivers are Giga Projects like NEOM, the Red Sea Project, and King Salman Park driving cement 1 4 Government funds allocated toward roads, airports, and railways like Riyadh Metro and the Saudi Land demand. Bridge network. Multi-Sect
Slide 17: QCC Strategy: Strategy House, Strategic Growth, Production Line 4
QCC Strategy 03 Strategy House, Strategic Growth, Production Line 4 and Financing Secured 17 of 35
Slide 18: Strategy House
Strategy House Vision Mission Strategic Pillars To be the distinguished industry Support the infrastructure ambition and champion enabling the economic de-carbonization effort of Saudi Arabia Operational Strategic Growth growth of Saudi Arabia by providing advanced cement products Excellence and sop
Slide 19: Strategic Growth: Hail Cement Acquisition
Strategic Growth: Hail Cement Acquisition Transaction Overview Acquisition Highlights Increased Production Market Position Target: Hail Cement Company Enhanced cement production Enhanced market share and Completion: June 2024 capacity across the region. competitive positioning. Turbah Plant Post-Acq
Slide 20: Strategic Growth: Production Line 4 & Fuel Conversion Projects
Strategic Growth: Production Line 4 & Fuel Conversion Projects Production Line 4 (PL4) Fuel Conversion (LDP) Strategic Capacity Expansion Low-Carbon Transition Investment EPC Contractor Investment EPC Contractor Sinoma International USD 298 Mn Sinoma International USD 12 Mn Engineering Start Date Ca
Slide 21: Strategic Growth: Financing Secured
Strategic Growth: Financing secured Transaction Date Financing Bank Structure 22 December 2025 Saudi National Bank (SNB) Shariah-Compliant Facility Value SAR 1,500,000,000 One Billion Five Hundred Million Saudi Riyals Funding Objectives Strategic Rationale Fund Production Line 4 Support Working Capi
Slide 22: ESG Initiatives & Sustainability, Urban Humanization
ESG 04 ESG Initiatives & Sustainability, Urban Humanization 22 of 35
Slide 23: ESG: Initiatives & Sustainability
ESG: Initiatives & Sustainability Environmental Initiatives Climate Strategy Social Impact Solar Energy Urban Humanization Net-Zero GHG Emissions Target 2050 Planning to install 60MW solar plants in 30,000 sqm Community Park delivered in Buraydah & Hail partnership with Hail Region Municipality Redu
Slide 24: ESG Gallery
ESG 30,000 sqm Community Park delivered in strategic partnership with the Hail Region Municipality. Urban Humanization In 2025, Qassim Cement Company shifted its CSR paradigm from traditional philanthropy to a developmental approach, empowering national cadres and building lasting community infrastr
Slide 25: Financial Performance: Revenue & Profitability, Balance Sheet, Dividend
Financial Performance 05 Revenue & Profitability Analysis, Balance Sheet Strength and Dividend 25 of 35
Slide 26: Financial Performance
Financial Performance Revenue Gross Profit EBITDA NET Profit 1,133 +17% 260 -20% 419 -1% 260 -10% SAR Mn (2025) SAR Mn (2025) SAR Mn (2025) SAR Mn (2025) 2024: 968 2024: 325 2024: 425 2024: 287 Balance Sheet Highlights (SAR Mn) Profitability Analysis 3,120 Gross Profit Margin 23% Total Assets 2024:
Slide 27: Return on Asset and Return on Equity
Return on Asset and Return on Equity ROE FY25 ROA FY25 FY25 FY25 6.0% 9.8% 4.4% 8.3% Cement Sector QCC Cement Sector QCC ➢ Sector context (KSA – FY25): With the Saudi cement sector ➢ Sector performance (KSA – FY25): With the Saudi cement sector delivering an average ROE at 6%, profitability remains
Slide 28: Dividends & Ownership Structure
Dividends & Ownership Structure Dividend History & Stock Yield Ownership Structure 7.6 5% 5.4 4.9 4.0 3.6 3.0 19% 2.9 2.8 76% 2.3 2.4 4.1 3.2 2.2 2.6 2.6 2021 2022 2023 2024 2025 Dividend SAR QCC Dividend Yield % TASI Dividend Yield % Domestic Investors 76% 2025 Dividend Stock Yield 3.20 SAR 7.60% P
Slide 29: Operational Excellence
Operational 06 Excellence Competitive Advantages, Key Achievements 29 of 35
Slide 30: Operational Excellence: Key Achievements FY2025
Operational Excellence Key Achievements – FY2025 Green Cement HCC Production Record Green Cement Production: The Production Volume Of Green Cement Following its acquisition by QCC, HCC recorded a new production Will Rise Notably, Growing From 12% In 2024 To 19% In 2025. high of 1.95 Mn Tons in 2025,
Slide 31: Operational Excellence
Operational Excellence Operational Strength 01 03 Develop a Green and Significant reliability innovative product to reduce Production improvement across kilns and Operational SACC and achieve CO2 cement mills. emission vision Base Efficiency Strong production Enhanced process has Operational Operati
Slide 32: Guidance for FY26
Guidance for FY26 Operating Environment Pricing Infrastructure Energy Competitive pricing conditions Giga-project pipeline remains Fuel and energy cost dynamics key expected to continue supportive monitoring factor Operational Priorities Production Line 4 Sustainability Execute 10,000 TPD capacity I
Slide 33: Guidance for FY26
Guidance for FY26 Financial Focus Margin improvement and Stabilization Capital Allocation Through disciplined cost management Disciplined investment framework Cash Flow Conversion Dividend Framework Maintain strong operating performance Sustainable shareholder returns Leverage Under long-term SNB fa
Slide 34: Q&A
Q&A 07 We welcome your questions and feedback 34 of 35
Slide 35: Thank You
Thank You Qassim Cement Company April 2026 | Earning Call Presentation Investor Relations - QCC To contact the investor relations responsible please call: Tel.: +966163165513 / E-mail: masood@qcc.com.sa Tel.: +966163165510 / E-mail: qccshareholder@qcc.com.sa E-mail: ir@qcc.com.sa Adress: Qassim Ceme