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News Qatar National Cement records US$44m profit in 2024

Qatar National Cement records US$44m profit in 2024

Written by Global Cement staff 28 January 2025
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Qatar: Qatar National Cement has reported a net profit of US$44m for 2024, down from US$56.3m in 2023, while sales revenue declined to US$109m from US$126m.The company maintained profitability despite reduced demand for its core products due to cost optimisation and operational improvements.

The firm reportedly plans to implement refuse derived fuel at its Umm Bab facility in 2025, following technical consultations.

Last modified on 29 January 2025
Published in Global Cement News
Tagged under
  • Qatar
  • Qatar National Cement Company
  • Results
  • Middle East and Africa
  • GCW694
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