Zamil Industrial Investment Co. announces its Interim Financial results for the Period Ending on 2025-03-31 ( Three Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 1,520,038 | 1,304,419 | 16.529 | 1,809,345 | -15.989 |
| Gross Profit (Loss) | 247,967 | 199,453 | 24.323 | 373,835 | -33.669 |
| Operational Profit (Loss) | 69,680 | 21,435 | 225.075 | 58,142 | 19.844 |
| Net profit (Loss) | 21,813 | 5,427 | 301.934 | 8,227 | 165.139 |
| Total Comprehensive Income | 22,251 | -15,459 | - | -8,820 | - |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Total Shareholders Equity (after Deducting Minority Equity) | 474,583 | 436,344 | 8.763 |
| Profit (Loss) per Share | 0.36 | 0.09 | |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| Accumulated Losses | -56,526 | 9.4 | |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | Consolidated Sales during the period increased by 16.5% due to sales growth across all sectors. AC Sector grew by 20%, Steel Sector grew by 7%, Construction Sector grew by 29% and Insulation Sector grew by 62%. |
| 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 increased due to:
1. Higher sales across all sectors resulted in an increase in Gross Profit by 24.3%; 2. Higher Operating Income in AC, construction and insulation sectors; 3. Higher share in results from associates and joint ventures by SAR 1.8 M; 4. Lower Financial Charges by SAR 5.2 M. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Consolidated Sales during the period reduced by 16% due to sales drop in AC Sector by 23% and Construction Sector by 39%. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | Net Profit increased due to:
1. Better operating profit in AC and Insulation sectors; 2. Lower Financial charges by SAR 3.9 M; 3. Higher Other Income by SAR 11.4 M; |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | NA |
| Reclassification of Comparison Items | Comparative figures have been reclassified to conform with the presentation in the current period. |
| Additional Information | A new business segment of Zamil Industrial Construction sector has been established by merging Construction operations of Zamil Steel and Projects operations of Zamil Air Conditioners into a single Integrated Building and Construction MEPF Solutions Company, named ZODCON, leveraging products and services from Zamil Industrial’s Fabricated Steel Structures, Air conditioning, and Insulation business sectors to deliver total solutions |
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