Zamil Industrial Announces Its Interim Financial Results for the Period Ending on 31-03-2021 (Three Months)

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	949,181	880,278	7.827	958,493	-0.971
Gross Profit (Loss)	137,807	118,551	16.242	157,938	-12.746
Operational Profit (Loss)	16,647	-9,131	-	-1,388	-
Net Profit (Loss) after Zakat and Tax	5,200	-28,825	-	-34,246	-
Total Comprehensive Income	5,062	-33,250	-	-17,294	-
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Share Holders Equity (after Deducting Minority Equity)	1,138,531	1,245,517	-8.589
Profit (Loss) per Share	0.09	-0.48
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	Net profit increase for the quarter was due to:

1) Increase in sales in the AC sector;

2) Higher gross profit margin in the AC and Insulation sectors;

3) Improved operating margin in the AC and Insulation sectors;

4) Lower financial charges;

5) Reduction in loss from discontinued operations.The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year is Net profit increase for the quarter was due to:

1) Higher gross profit margin in the AC sector;

2) Improved operating margin across all sectors;

3) Lower financial charges;

4) Reduction in loss from discontinued operations;

5) Q4 2020 had a one-time cost related to the impairment of non-current assets.Statement of the type of external auditor's report Unmodified conclusionReclassification of Comparison Items Comparative figures have been reclassified to conform with the presentation in the current period.

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