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Zamil's losses deepen in Q3-19

Zamil's losses deepen in Q3-19
Zamil’s loss surged 167% YoY in 9M
ZAMIL INDUST
2240
-17.26% 39.20 -8.18

Riyadh – Mubasher: Zamil Industrial Investment Co. has reported a 24.6% year-on-year loss increase during the third quarter of 2019.

The Tadawul-listed company’s net loss after zakat and tax rose to SAR 21.13 million in Q3-19, compared to SAR 22.58 million in the year-ago period.

In the first nine months of 2019, Zamil’s loss surged 166.9% to SAR 124.84 million, from SAR 46.78 million the year before.