Investor Relations

Quarterly Performance
Accounts ('000)
Q4 2017
Q3 2017
Q2 2017
Q1 2017
Sales 1,257,485 1,022,995 1,125,431 997,939
Gross Profit 238,706 200,145 240,592 208,134
Net Income 4,852 21,936 36,453 41,777
Yearly Performance
Accounts ('000)
2016
2015
Change (%)
Sales 4,950,648 5,488,595 -9.80
Gross Profit 1,209,250 1,305,283 -7.36
Net Income 201,022 263,007 -23.57
Financial Position
Accounts ('000)
Q4 2017
Q3 2017
Q2 2017
Q1 2017
Current Assets 2,788,156 2,771,620 2,755,476 2,726,796
Inventory 1,248,557 1,392,563 1,375,255 1,444,846
Total Assets 5,681,723 5,862,878 5,845,539 5,908,937
Current Liabilities 3,434,758 3,510,850 3,442,215 3,435,522
Total Liabilities 3,805,343 3,963,954 3,909,959 3,950,903
Shareholder's Equity 1,664,703 1,666,353 1,704,800 1,727,563
Financial Position
Accounts ('000)
2016
2015
Change (%)
Current Assets 2,654,979 2,968,461 -11.81
Inventory 1,485,392 1,764,507 -18.79
Total Assets 6,104,771 6,443,460 -5.55
Current Liabilities 3,393,303 3,622,540 -6.76
Total Liabilities 3,915,935 4,292,436 -9.61
Shareholder's Equity 1,939,842 1,885,146 +2.82
Statement of Comprehensive Income
Accounts ('000)
Q4 2017
Q3 2017
Q2 2017
Q1 2017
Sales 1,257,485 1,022,995 1,125,431 997,939
Cost of Sales 1,018,779 822,850 884,839 789,805
Gross Profit 238,706 200,145 240,592 208,134
Selling and Distribution 60,684 60,090 77,533 50,586
General and Administration 122,033 98,977 97,893 93,241
Total Expenses 182,717 159,067 175,426 143,827
Operating Income 55,989 41,078 65,166 64,307
Financial Charges 20,372 22,121 21,631 22,978
Other Income -24,298 8,232 1,932 11,836
Other Expenses 7,746 1,369 2,943 6,972
Net Income Before Zakat 3,573 25,820 42,524 46,193
Zakat -1,279 3,884 6,071 4,416
Net Income 4,852 21,936 36,453 41,777


Statement of Financial Position
Accounts ('000)
Q4 2017
Q3 2017
Q2 2017
Q1 2017
Current Assets 2,788,156 2,771,620 2,755,476 2,726,796
Inventory 1,248,557 1,392,563 1,375,255 1,444,846
Fixed Assets 1,089,888 1,125,035 1,135,990 1,154,855
Other Assets 555,122 573,660 578,818 582,440
Total Assets 5,681,723 5,862,878 5,845,539 5,908,937
Current Liabilities 3,434,758 3,510,850 3,442,215 3,435,522
Non-Current Liabilities 370,585 453,104 467,744 515,381
Minority Interests 211,677 232,571 230,780 230,471
Shareholder's Equity 1,664,703 1,666,353 1,704,800 1,727,563
Total Liabilities & Shareholders Equity 5,681,723 5,862,878 5,845,539 5,908,937
Total Liabilities 3,805,343 3,963,954 3,909,959 3,950,903

Statement of Cash Flow
Accounts ('000)
Q4 2017
Q3 2017
Q2 2017
Q1 2017
Net Income 4,852 21,936 36,453 41,777
Depreciation 32,453 31,960 34,239 34,637
Accounts Receivable -47 -1,565 -52,381 -36,694
Inventory 144,006 -17,308 69,591 7,914
Prepaid Expenses
Accounts Payable -53,557 98,715 -93,800 49,757
Purchases of Fixed Assets -13,340 -21,556 -15,256 -40,061
Cash at Begining of Period 183,614 183,614 279,483 272,393
Cash at End of Period 215,524 193,834 183,614 279,483
Statement of Comprehensive Income
Accounts ('000)
2016
2015
Sales 4,950,648 5,488,595
Cost of Sales 3,004,667 3,491,329
Gross Profit 1,209,250 1,305,283
Selling and Distribution 425,727 438,736
General and Administration 459,681 459,028
Total Expenses 885,408 897,764
Operating Income 323,842 407,519
Financial Charges 95,502 68,514
Other Income 37,784 18,051
Other Expenses 42,490 62,750
Net Income Before Zakat 244,146 291,353
Zakat 26,932 28,346
Net Income 201,022 263,007
DPS
EPS


Statement of Financial Position
Accounts ('000)
2016
2015
Current Assets 2,654,979 2,968,461
Inventory 1,485,392 1,764,507
Fixed Assets 1,282,181 1,390,010
Other Assets 682,219 708,919
Total Assets 6,104,771 6,443,460
Current Liabilities 3,393,303 3,622,540
Non-Current Liabilities 522,632 669,896
Minority Interests 248,994 265,878
Shareholder's Equity 1,939,842 1,885,146
Total Liabilities & Shareholders Equity 6,104,771 6,443,460
Total Liabilities 3,915,935 4,292,436


Statement of Cash Flow
Accounts ('000)
2016
2015
Net Income 201,022 263,007
Depreciation 158,849 161,381
Accounts Receivable -160,974 -90,208
Inventory 268,122 -167,236
Prepaid Expenses
Accounts Payable -286,655 58,458
Purchases of Fixed Assets -110,450 -138,904
Cash at Begining of Period 355,424 309,721
Cash at End of Period 275,614 355,424
Statement of Comprehensive Income
Accounts ('000)
2011
2013
2014
2015
2016
Sales 4,727,695 5,413,984 5,455,419 5,488,595 4,950,648
Gross Profit 1,051,235 1,306,814 1,347,387 1,305,283 1,209,250
Net Income 154,190 235,356 260,340 263,007 201,022


Statement of Financial Position
Accounts ('000)
2012
2013
2014
2015
2016
Total Assets 6,478,217 6,907,859 6,337,219 6,443,460 6,104,771
Current Liabilities 4,304,567 4,508,640 3,612,654 3,622,540 3,393,303
Total Liability & Shareholder's Equity 6,478,217 6,907,859 6,337,219 6,443,460 6,104,771
Total Liabilities 4,761,746 5,027,178 4,339,484 4,292,436 3,915,935


Growth Rates
Accounts ('000)
1 Year Change
3 Year Change
5 Year Change
Sales 0.77% 15.39%
Operating Income 1.36% 57.12%
Net Income 10.62% 68.84%
Current Assets -8.61% -2.85%
Fixed Assets -11.96% -1.97%
Total Assets -8.26% 2.00%
Shareholder's Equity 6.22% 26.22%
25.90
25.90 (-0.15 %)
Previous Close : 25.94 52w High : 30.50
Trading Volume : 201198.0 52w Low : 23.50
Last Updated : 16:30 20/04/2018
Ratio
Accounts ('000)
2014
2013
Current Ratio 1.14 1.00
Quick Ratio 0.70 0.57
Debt/Equity (%) 2.17 2.67
Gross Profit Margin (%) 24.45 24.14
Net Profit Margin (%) 4.77 4.35
Return On Assets (%) 3.93 3.50
Return On Equity (%) 15.54 15.40
Book Value 29.04 26.80
EPS 4.34 3.92
Dividend per Share 2.00 1.75
Payout Ratio 46.00 45.00
Subsidiaries
Company
Country
Ownership Percentage
Zamil Steel Holding Company Limited and Subsidiaries:

    - Zamil Steel Pre-Engineered Buildings Company Ltd.
    - Zamil Structural Steel Company Ltd.
    - Zamil Towers and Galvanizing Company Ltd.
    - Zamil Process Equipment Company Ltd.
    - Building Component Solutions Company Ltd.
    - Zamil Steel Construction Company Ltd.
    - Zamil Inspection & Maintenance of Industrial Projects Company Ltd.
    - Metallic Construction and Contracting Company Ltd. (Egypt)
Saudi Arabia 100%
Zamil Air Conditioners Holding Company Limited and Subsidiaries:

    - Zamil Air Conditioners and Home Appliances Company Ltd.
    - Zamil Central Air Conditioners Company Ltd.
    - Zamil Air Conditioning and Refrigeration Services Company Ltd.
    - Ikhtebar Company Ltd.
    - Eastern District Cooling Company Ltd.
    - Zamil Energy Services Company Ltd.
    - Zamil Air Conditioning & Refrigeration Services Co. W.L.L (Bahrain)
Saudi Arabia 100%
Zamil Steel Buildings Company Egypt 100%
Zamil Steel Buildings (Shanghai) Company Ltd. China 100%
Cooline Europe Holdings GmbH Austria 100%
Zamil Steel Buildings India Private Ltd. India 100%
Zamil Steel Engineering India Private Ltd. India 100%
Arabian Stonewool Insulation Company Saudi Arabia 100%
Zamil Industrial Investment Company UAE 100%
Zamil Steel Industries Abu Dhabi (LLC) UAE 100%
Zamil Structural Steel Company Egypt 100%
Zamil Construction India Private Ltd. India 100%
Zamil Information Technology Global Private Ltd. India 100%
Zamil Higher Institute for Industrial Training Saudi Arabia 100%
Second Insulation Company Ltd. Saudi Arabia 100%
Zamil Air Conditioners India Private Ltd. India 100%
Saudi Central Energy Company Ltd. Saudi Arabia 100%
Zamil Industrial Investment Co. Asia Pvt. Ltd. Singapore 100%
Zamil Steel Buildings Vietnam Company Ltd. Vietnam 92.27%
Gulf Insulation Group Saudi Arabia 51%
Saudi Preinsulated Pipes Industries Saudi Arabia 51%
Zamil Hudson Company Ltd. Saudi Arabia 50%
Petro-Chem Zamil Company Ltd. Saudi Arabia 50%
Associates
Company
Country
Ownership Percentage
Rabiah & Nassar and Zamil Concrete Industries Company Ltd. Saudi Arabia 50%
Energy Central Company Bahrain 25%
ZNE Infra Private Limited India 51%
Geoclima s.r.l Italy 40%
IIB Paper Company Limited Cayman Islands 20.83%
Other Investments
Company
Country
Ownership Percentage
Middle East Air Conditioners Company Limited Saudi Arabia 51%
Kinan International for Real Estate Development Company Limited Saudi Arabia 2.11%
PLG Photovoltaic Limited India 75.6%
.:: Profile
Overview
Founded in 1998 and headquartered in Dammam, Saudi Arabia, Zamil Industrial Investment Company (Zamil Industrial) is a leading manufacturing and fabrication group that provides products, engineering systems and services for the construction industry. Its product portfolio includes pre-engineered steel buildings, steel structures, air conditioning and climate control systems designed for a wide range of commercial, industrial and residential applications, telecom and transmission towers, process equipment, precast concrete building products, fiberglass and rock wool insulations, pre-insulated pipes, and solar power projects. The company sells its products in more than 90 countries with manufacturing facilities in Saudi Arabia, United Arab Emirates, Egypt, India, Vietnam and Italy.
Business Activity
Manufacturing, selling, supply, erection, fabrication of engineering systems, and services and maintenance.
Ownership
Private Sector 95.65%, Govt. Sector 4.35%
Establishment Date
08 July 1998
Fiscal Year
Jan. 01 - Dec. 31
External Auditors
Ernst & Young & Co. (Public Accountants) 
.:: Financial Overview

For the year ended 31 December 2017, Zamil Industrial posted a turnover of SAR 4,403.9 million (USD 1,174.4 million), with net profits, after deduction of Zakat and tax, of SAR 105 million (USD 28 million). Equity attributable to shareholders (after the elimination of Minority Interest) as of 31 December 2017 amounted to SAR 1,664.7 million (USD 443.9 million).

.:: Board Members
Khalid Abdullah Al Zamil (Chairman)
Abdallah Saleh Jum’ah
Ahmed Abdullah Al Zamil
Adib Abdullah Al Zamil
Mohammed Ahmed Al Ghaith
Mohammad Sulaiman Al Harbi
Khalid Mohammed Al Fuhaid
Abdulla Mohammed Al Zamil (CEO)