Investor Relations

Quarterly Performance
Accounts ('000)
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Sales 969,996 1,257,485 1,022,995 1,125,431
Gross Profit 193,631 238,706 200,145 240,592
Net Income 15,568 4,852 21,936 36,453
Yearly Performance
Accounts ('000)
2017
2016
Change (%)
Sales 4,403,850 4,950,648 -11.04
Gross Profit 887,577 1,209,250 -26.60
Net Income 105,018 201,022 -47.76
Financial Position
Accounts ('000)
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Current Assets 2,727,880 2,788,156 2,771,620 2,755,476
Inventory 1,352,245 1,248,557 1,392,563 1,375,255
Total Assets 5,696,857 5,681,723 5,862,878 5,845,539
Current Liabilities 3,449,213 3,434,758 3,510,850 3,442,215
Total Liabilities 3,815,862 3,805,343 3,963,954 3,909,959
Shareholder's Equity 1,668,824 1,664,703 1,666,353 1,704,800
Financial Position
Accounts ('000)
2017
2016
Change (%)
Current Assets 2,788,156 2,654,979 +4.78
Inventory 1,248,557 1,485,392 -18.97
Total Assets 5,681,723 6,104,771 -7.45
Current Liabilities 3,434,758 3,393,303 +1.21
Total Liabilities 3,805,343 3,915,935 -2.91
Shareholder's Equity 1,664,703 1,939,842 -16.53
Statement of Comprehensive Income
Accounts ('000)
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Sales 969,996 1,257,485 1,022,995 1,125,431
Cost of Sales 776,365 1,018,779 822,850 884,839
Gross Profit 193,631 238,706 200,145 240,592
Selling and Distribution 54,758 60,684 60,090 77,533
General and Administration 95,558 122,033 98,977 97,893
Total Expenses 150,316 182,717 159,067 175,426
Operating Income 43,315 55,989 41,078 65,166
Financial Charges 20,774 20,372 22,121 21,631
Other Income 735 -24,298 8,232 1,932
Other Expenses 4,183 7,746 1,369 2,943
Net Income Before Zakat 19,093 3,573 25,820 42,524
Zakat 3,525 -1,279 3,884 6,071
Net Income 15,568 4,852 21,936 36,453


Statement of Financial Position
Accounts ('000)
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Current Assets 2,727,880 2,788,156 2,771,620 2,755,476
Inventory 1,352,245 1,248,557 1,392,563 1,375,255
Fixed Assets 1,071,644 1,089,888 1,125,035 1,135,990
Other Assets 545,088 555,122 573,660 578,818
Total Assets 5,696,857 5,681,723 5,862,878 5,845,539
Current Liabilities 3,449,213 3,434,758 3,510,850 3,442,215
Non-Current Liabilities 366,649 370,585 453,104 467,744
Minority Interests 212,171 211,677 232,571 230,780
Shareholder's Equity 1,668,824 1,664,703 1,666,353 1,704,800
Total Liabilities & Shareholders Equity 5,696,857 5,681,723 5,862,878 5,845,539
Total Liabilities 3,815,862 3,805,343 3,963,954 3,909,959

Statement of Cash Flow
Accounts ('000)
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Net Income 15,568 4,852 21,936 36,453
Depreciation 31,078 32,453 31,960 34,239
Accounts Receivable -24,515 -47 -1,565 -52,381
Inventory -103,688 144,006 -17,308 69,591
Prepaid Expenses
Accounts Payable -20,121 -53,557 98,715 -93,800
Purchases of Fixed Assets -12,939 -13,340 -21,556 -15,256
Cash at Begining of Period 215,524 183,614 183,614 279,483
Cash at End of Period 179,413 215,524 193,834 183,614
Statement of Comprehensive Income
Accounts ('000)
2017
2016
Sales 4,403,850 4,950,648
Cost of Sales 3,516,273 3,004,667
Gross Profit 887,577 1,209,250
Selling and Distribution 248,893 425,727
General and Administration 412,144 459,681
Total Expenses 661,037 885,408
Operating Income 226,540 323,842
Financial Charges 87,102 95,502
Other Income -2,298 37,784
Other Expenses 19,030 42,490
Net Income Before Zakat 118,110 244,146
Zakat 13,092 26,932
Net Income 105,018 201,022
DPS
EPS


Statement of Financial Position
Accounts ('000)
2017
2016
Current Assets 2,788,156 2,654,979
Inventory 1,248,557 1,485,392
Fixed Assets 1,089,888 1,282,181
Other Assets 555,122 682,219
Total Assets 5,681,723 6,104,771
Current Liabilities 3,434,758 3,393,303
Non-Current Liabilities 370,585 522,632
Minority Interests 211,677 248,994
Shareholder's Equity 1,664,703 1,939,842
Total Liabilities & Shareholders Equity 5,681,723 6,104,771
Total Liabilities 3,805,343 3,915,935


Statement of Cash Flow
Accounts ('000)
2017
2016
Net Income 105,018 201,022
Depreciation 133,289 158,849
Accounts Receivable -90,687 -160,974
Inventory 204,203 268,122
Prepaid Expenses
Accounts Payable 1,115 -286,655
Purchases of Fixed Assets -90,213 -110,450
Cash at Begining of Period 272,393 355,424
Cash at End of Period 215,524 275,614
Statement of Comprehensive Income
Accounts ('000)
2013
2014
2015
2016
2017
Sales 5,413,984 5,455,419 5,488,595 4,950,648 4,403,850
Gross Profit 1,306,814 1,347,387 1,305,283 1,209,250 887,577
Net Income 235,356 260,340 263,007 201,022 105,018


Statement of Financial Position
Accounts ('000)
2013
2014
2015
2016
2017
Total Assets 6,907,859 6,337,219 6,443,460 6,104,771 5,681,723
Current Liabilities 4,508,640 3,612,654 3,622,540 3,393,303 3,434,758
Total Liability & Shareholder's Equity 6,907,859 6,337,219 6,443,460 6,104,771 5,681,723
Total Liabilities 5,027,178 4,339,484 4,292,436 3,915,935 3,805,343


Growth Rates
Accounts ('000)
1 Year Change
3 Year Change
5 Year Change
Sales 0.77%
Operating Income 1.36%
Net Income 10.62%
Current Assets -8.61%
Fixed Assets -11.96%
Total Assets -8.26%
Shareholder's Equity 6.22%
23.70
23.70 (0.00 %)
Previous Close : 23.70 52w High : 28.90
Trading Volume : 73074.0 52w Low : 23.50
Last Updated : 16:30 22/07/2018
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)