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March 31, 2015 9:45 PM ET

Metals and Mining

Company Overview of Zamil Industrial Investment Company

Company Overview

Zamil Industrial Investment Company, together with its subsidiaries, is engaged in the development of design and engineering solutions for the construction industry. The company manufactures pre-engineered steel buildings; supplies structural steel products and process equipment, transmission and telecommunication towers, open Web steel joists, and roof and floor steel decks; manufactures sandwich panels, fired heaters, process furnaces, and related accessories; and provides engineering services and turnkey solutions for the supply and installation of the roof covering and wall cladding. It also offers heating, ventilation, and air conditioning products, such as compact room air conditioners...

PO Box 14441

Dammam,  31424

Saudi Arabia

Founded in 1974

Phone:

966 13 810 8111

Fax:

966 13 810 8199

Key Executives for Zamil Industrial Investment Company

Zamil Industrial Investment Company does not have any Key Executives recorded.

Zamil Industrial Investment Company Key Developments

Zamil Industrial Investment Company Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

Zamil Industrial Investment Company reported earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net income of ZAR 64.92 million, or ZAR 1.08 per share, compared to ZAR 60.11 million, or ZAR 1.00 per share, for the same quarter ended December 31, 2013. Revenue was ZAR 1.52 billion, compared to ZAR 1.36 billion for the same quarter ended December 31, 2013. For the year, the company reported net income of ZAR 260.34 million, or ZAR 4.34 per share, compared to ZAR 235.36 million, or ZAR 3.92 per share, for the year ended December 31, 2013. Revenue for the year ended December 31, 2014 was ZAR 5.49 billion, compared to ZAR 5.41 billion for the year ended December 31, 2013.

Zamil Industrial Investment Company's Board Recommends Distribution of Dividend for the Second Half of 2014

The Board of Directors of Zamil Industrial Investment Co has recommended the distribution of dividend of SAR 1.00 per share or SAR 60,000,000 to the shareholders for the second half of 2014.

Zamil Industrial Announces Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

Zamil Industrial announced consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the period, the company Net profits for the fourth quarter of 2014 were SAR 64.9 million (USD 17.3 million), compared with SAR 60.1 million (USD 16.1 million) during the same period in 2013, an increase of 8%, and compared with SAR 56.4 million (USD 15 million) posted in the third quarter, an increase of 15.1%. Operating profits during the fourth quarter were SAR 116.9 million (USD 31.2 million), compared with SAR 117.5 million (USD 31.3 million) for the same period. For the year, the company’s net profits were SAR 260.3 million (USD 69.4 million), compared with SAR 235.3 million (USD 62.7 million), an increase of 10.6% over the same period in 2013. Operating profits were SAR 402.9 million (USD 107.4 million), compared with SAR 400.4 million (USD 106.8 million) for the same period in 2013, an increase of 0.6%. Earnings per share grew to SAR 4.34 (USD 1.16), from SAR 3.92 (USD 1.05) during the same period in 2013.

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