May 28, 2017 9:49 AM ET

Metals and Mining

Company Overview of Zamil Industrial Investment Company

Company Overview

Zamil Industrial Investment Company, together with its subsidiaries, engages in the design, engineering, manufacturing, and fabrication of construction materials, pre-engineering steel buildings, steel structures, air conditions, and climate control systems. The company offers process equipment, transmission and telecommunication towers, open web steel joists, and roof and floor steel decks; construction products and building envelope materials, including sandwich panels; and engineering services and turnkey solutions for the supply and installation of the roof covering and wall cladding. It also provides air conditioning products, such as compact room air conditioners and mini splits; centr...

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 Reports Earnings Results for the First Quarter Ended March 31, 2017

Zamil Industrial reported earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported net profit of SAR 41,777,000 compared to SAR 52,897,000 a year ago. Operating profit was SAR 64,307,000 compared with SAR 78,662,000 a year ago. Earnings per share was SAR 0.7 compared to SAR 0.88 a year ago. Compared to same quarter last year, decrease in net income was due to lower sales across all sectors attributable to project delays in Saudi and also due to lower operating margin in AC sector. The reduction is also due to increase in financial charges and non-controlling interest and reduction in associate income. Compared to previous quarter, increase in Net income was primarily due to the adoption of IFRS reporting standards, additional impairment of goodwill amounting to SAR 59 million was recorded in December 2016. Operating Profits decreased due to reduction in overall sales and lesser operating margins.

Zamil Industrial Investment Company, Annual General Meeting, May 04, 2017

Zamil Industrial Investment Company, Annual General Meeting, May 04, 2017, at 18:30 Arab Standard Time. Location: Zamil Air Conditioners Auditorium Dammam Saudi Arabia

Zamil Industrial Investment Company Reports Earnings Results for the Year Ended December 31, 2016

Zamil Industrial Investment Company reported earnings results for the year ended December 31, 2016. For the period, the company reported net profit of SAR 201,022,000 or SAR 3.35 per share compared with SAR 263,007,000 or 4.38 per share for the same period last year. Operational profit was SAR 323,842,000 compared with SAR 407,519,000 for the same period last year.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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