2240 · 17/07/2013 08:50:07 · Announcement #31630 · View on Saudi Exchange

Zamil Industrial Investment Co announces the interim financial results for the period ending on 30-06-2013 (Six Months)

Element Current quarter Similar quarter for previous year % Change current Previous quarter % Change previous
Net profit (loss)
63,601
55,767
14.05
62,692
1.45
Gross profit (loss)
314,888
283,539
11.06
299,760
5.05
Operational profit (loss)
97,846
96,813
1.07
97,173
0.69
All figures are in (Thousands) Saudi Arabia, Riyals
Element Current period Similar period for previous year % Change
Net profit (loss)
126,293
93,276
35.4
Gross profit (loss)
614,648
524,149
17.27
Operational profit (loss)
195,019
167,625
16.34
Earning or loss per share, Riyals
2.1
1.55
-
All figures are in (Thousands) Saudi Arabia, Riyals
Element EXPLAINATION
Reasons of increase (decrease) for quarter compared with same quarter last year were due to increase in sales and improved margins in the Steel and Air Conditioning sectors in Saudi and abroad.
Reasons of increase (decrease) for period compared with same period last year were due to increase in sales and improved margins in the Steel and Air Conditioning sectors in Saudi and abroad.
Reasons of increase (decrease) for quarter compared with previous quarter were due to increase in sales in the Steel and Air Conditioning sectors in Saudi and abroad.
Reclassifications in quarterly financial results Certain figures for the second quarter of 2012 have been reclassified to conform with the presentation in the current period.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.