Zamil Industrial Investment Company Announces Its Interim Financial Results for the Period Ending on 30-06-2022 (Six Months)

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	957,207	847,421	12.96	896,796	6.74
Gross Profit (Loss)	115,947	132,053	-12.2	95,951	20.84
Operational Profit (Loss)	-2,432	15,115	-	-27,453	-91.14
Net Profit (Loss) after Zakat and Tax	-28,993	7,066	-	-51,921	-44.16
Total Comprehensive Income	-33,373	5,838	-	-60,773	-45.09
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	1,854,003	1,796,062	3.23
Gross Profit (Loss)	211,898	270,078	-21.54
Operational Profit (Loss)	-29,885	33,497	-
Net Profit (Loss) after Zakat and Tax	-80,914	12,266	-
Total Comprehensive Income	-94,146	10,900	-
Total Share Holders Equity (after Deducting Minority Equity)	872,578	1,144,369	-23.75
Profit (Loss) per Share	-1.35	0.2
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 loss for the quarter is due to:

1) Lower gross profit and operating margin in the AC and Steel Sectors;

2) Higher financial charges of SAR 12.7 million;

3) Lower profits from associated companies by SAR 5.4 million;

4) Lower other income by SAR 1.8 million.The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter of the current year is Net loss reduced due to:

1) Higher sales across all sectors;

2) Better gross profit and operating margin in the AC and Steel sectors;

3) Higher other income by SAR 1.1 million.The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is Net loss is due to:

1) Lower gross profit and operating margin across all sectors;

2) Higher financial charges of SAR 16.2 million;

3) Lower profits from associated companies by SAR 10.5 million;

4) Lower other income by SAR 2.2 million;

5) Higher Zakat and Tax provision by SAR 2.7 million.Statement of the type of external auditor's report Unmodified conclusionModification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion NoneReclassification of Comparison Items Comparative figures have been reclassified to conform with the presentation in the current period.

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