A2240 ZAMIL INDUST-0.5 (-1.39 %)
1443/03/22 Thu Oct 28, 2021 15:56:32
Zamil Industrial Announces Its Condensed Consolidated Interim Financial Results for the Period Ending on 30-09-2021 (Nine Months)

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Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change
Sales/Revenue 827,015 824,391 0.318 847,421 -2.408
Gross Profit (Loss) 135,096 107,043 26.207 123,484 9.403
Operational Profit (Loss) 12,973 -13,777 - 13,738 -5.568
Net Profit (Loss) after Zakat and Tax 852 -38,495 - 7,066 -87.942
Total Comprehensive Income 953 -35,324 - 5,838 -83.675
All figures are in (Thousands) Saudi Arabia, Riyals
Element List Current Period Similar period for previous year %Change
Sales/Revenue 2,623,617 2,424,469 8.214
Gross Profit (Loss) 396,387 305,175 29.888
Operational Profit (Loss) 43,358 -59,365 -
Net Profit (Loss) after Zakat and Tax 13,118 -125,627 -
Total Comprehensive Income 11,853 -128,004 -
Total Share Holders Equity (after Deducting Minority Equity) 1,145,322 1,150,763 -0.472
Profit (Loss) per Share 0.22 -2.09
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 The increase in Net profit for the quarter is due to:

1) Increased Sales in the Steel sector.

2) Improved Gross Profit and Operating Margins in both the AC and Steel sectors.

3) Lower Financial Charges.

4) Increase in Other Income.

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 The decrease in Net profit is due to:

1) Lower Sales in both the AC and Steel sectors.

2) Lower Operating Margin in the AC sector.

3) Higher provisions for expected credit loss.

4) Lower Other Income.

The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is The increase in Net profit is due to:

1) Increased Sales in the Steel sector.

2) Improved Gross Profit and Operating Margins across all sectors.

3) Lower Operating Expenses and Financial Charges.

4) Reduction in Loss from Discontinued Operations.

5) Increase in Other Income.

Statement of the type of external auditor's report Unmodified conclusion
Reclassification of Comparison Items Comparative figures have been reclassified to conform with the presentation in the current period.

The Capital Market Authority and the Saudi Stock 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.

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Zamil Industrial Investment Co. SJSC published this content on 28 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 October 2021 21:06:02 UTC.