Investor Relations

Quarterly Performance
Accounts ('000)
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Sales 1,022,995 1,125,431 997,939 1,198,945
Gross Profit 200,145 240,592 208,134 329,674
Net Income 21,936 36,453 41,777 58,736
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)
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Current Assets 2,771,620 2,755,476 2,726,796 2,654,979
Inventory 1,392,563 1,375,255 1,444,846 1,485,392
Total Assets 5,862,878 5,845,539 5,908,937 6,104,771
Current Liabilities 3,510,850 3,442,215 3,435,522 3,393,303
Total Liabilities 3,963,954 3,909,959 3,950,903 3,915,935
Shareholder's Equity 1,666,353 1,704,800 1,727,563 1,939,842
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)
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Sales 1,022,995 1,125,431 997,939 1,198,945
Cost of Sales 822,850 884,839 789,805 869,271
Gross Profit 200,145 240,592 208,134 329,674
Selling and Distribution 60,090 77,533 50,586 107,107
General and Administration 98,977 97,893 93,241 146,605
Total Expenses 159,067 175,426 143,827 253,712
Operating Income 41,078 65,166 64,307 75,962
Financial Charges 22,121 21,631 22,978 29,362
Other Income 8,232 1,932 11,836 29,705
Other Expenses 1,369 2,943 6,972 13,369
Net Income Before Zakat 25,820 42,524 46,193 62,936
Zakat 3,884 6,071 4,416 4,200
Net Income 21,936 36,453 41,777 58,736


Statement of Financial Position
Accounts ('000)
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Current Assets 2,771,620 2,755,476 2,726,796 2,654,979
Inventory 1,392,563 1,375,255 1,444,846 1,485,392
Fixed Assets 1,125,035 1,135,990 1,154,855 1,282,181
Other Assets 573,660 578,818 582,440 682,219
Total Assets 5,862,878 5,845,539 5,908,937 6,104,771
Current Liabilities 3,510,850 3,442,215 3,435,522 3,393,303
Non-Current Liabilities 453,104 467,744 515,381 522,632
Minority Interests 232,571 230,780 230,471 248,994
Shareholder's Equity 1,666,353 1,704,800 1,727,563 1,939,842
Total Liabilities & Shareholders Equity 5,862,878 5,845,539 5,908,937 6,104,771
Total Liabilities 3,963,954 3,909,959 3,950,903 3,915,935

Statement of Cash Flow
Accounts ('000)
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Net Income 21,936 36,453 41,777 58,736
Depreciation 31,960 34,239 34,637 37,691
Accounts Receivable -1,565 -52,381 -36,694 313,897
Inventory -17,308 69,591 7,914 104,905
Prepaid Expenses
Accounts Payable 98,715 -93,800 49,757 -184,446
Purchases of Fixed Assets -76,873 -15,256 -40,061 -21,998
Cash at Begining of Period 183,614 279,483 272,393 340,220
Cash at End of Period 193,834 183,614 279,483 275,614
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%
26.80
26.80 (-0.19 %)
Previous Close : 26.85 52w High : 31.70
Trading Volume : 58310.0 52w Low : 23.50
Last Updated : 16:30 20/01/2018
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
Equity
Zamil Steel Holding Company and Subsidiaries:

    - Zamil Steel Pre-Engineered Buildings Company
    - Zamil Structural Steel Company
    - Zamil Towers and Galvanizing Company
    - Zamil Process Equipment Company
Saudi Arabia 100%
Zamil Steel Construction Company Ltd. Saudi Arabia 100%
Zamil Air Conditioners and Household Appliances Company Ltd. Saudi Arabia 100%
Zamil Air Conditioning and Refrigeration Services Company Ltd. (CoolCare) Saudi Arabia 100%
Zamil Central Air Conditioners Company Ltd. Saudi Arabia 100%
Zamil Air Conditioners Holding Company Saudi Arabia 100%
Zamil Air Conditioners India Private Ltd. India 100%
Zamil Steel Buildings Company Egypt 100%
Zamil Structural Steel Company Egypt 100%
Zamil Steel Buildings India Private Ltd. India 100%
Zamil Steel Engineering India Private Ltd. India 100%
Zamil Construction India Pvt. Ltd. India 100%
Zamil Steel Buildings (Shanghai) Company Ltd. China 100%
Cooline Europe Holdings GmbH Austria 100%
Clima Tech Air Conditioners GmbH Austria 100%
Building Component Solutions Company (LLC) Saudi Arabia 100%
Zamil Inspection and Maintenance of Industrial Projects Company Ltd. Saudi Arabia 100%
Arabian Stonewool Insulation Company Saudi Arabia 100%
Ikhtebar (Climate Control Lab Testing Company) Saudi Arabia 100%
Zamil Energy Services Company (ZESCO) Saudi Arabia 100%
Zamil Industrial Investment Company United Arab Emirates 100%
Zamil Steel Industries Abu Dhabi (LLC) United Arab Emirates 100%
Zamil Steel Buildings (Thailand) Co. Ltd. Thailand 100%
Zamil Information Technology Global Private Ltd. India 100%
Zamil Higher Institute for Industrial Training Company Saudi Arabia 100%
Zamil Industrial Investment Company Asia Pte. Ltd. Singapore 100%
Second Insulation Company Ltd. Saudi Arabia 100%
Eastern District Cooling Company Ltd. Saudi Arabia 100%
Saudi Energy Central Company Saudi Arabia 100%
Zamil Steel Buildings Company Ltd. Vietnam 92.27%
Gulf Insulation Group

    - Saudi Rock Wool Factory Company
    - First Insulation Company
    - Arabian Fibgerglass Insulation Company Ltd.
Saudi Arabia 51%
Middle East Air Conditioners Company Ltd. Saudi Arabia 51%
Saudi Pre-insulated Pipes Industries Company Ltd. Saudi Arabia 51%
Zamil Hudson Company Ltd. Saudi Arabia 50%
Petro-Chem Zamil Company Ltd. Saudi Arabia 50%
Associates
Company
Country
Equity
Rabiah & Nassar and Zamil Concrete Industries Co. Ltd. Saudi Arabia 50%
Geoclima s.r.l Italy 40%
Energy Central Co. Bahrain 25%
Other Investments
Company
Country
Equity
Zamil Infra Private Ltd. India 51%
IIP Paper Co. Ltd. Cayman Islands 20.83%
Kinan International Real Estate Development Co. Saudi Arabia 2.11%
.:: 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 2016, Zamil Industrial posted a turnover of SAR 4.95 billion (USD 1.32 billion), with net profits, after Zakat contribution, of SAR 201 million (USD 53.6 million). Equity attributable to shareholders (after the elimination of minority interest) as of 31 December 2016 amounted to SAR 1.93 billion (USD 517.3 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)