Accounts ('000) 2021 2020 Change (%)
Sales 3,523,817 3,382,962 +4.16
Gross Profit 475,744 463,112 +2.73
Net Income -159,417 -159,873 +-0.29

Accounts ('000) Q1 2022 Q4 2021 Q3 2021 Q2 2021
Sales 896,796 900,200 827,015 847,421
Gross Profit 95,951 79,357 135,096 123,484
Net Income -51,921 -172,535 852 7,066

Financial Position

Accounts ('000) 2021 2020 Change (%)
Current Assets 2,996,912 2,699,288 +11.03
Inventory 1,435,348 1,167,785 +22.91
Total Assets 5,724,079 5,275,420 +8.50
Current Liabilities 4,276,517 3,647,001 +17.26
Total Liabilities 4,574,455 3,940,512 +16.09
Shareholder's Equity 966,724 1,133,469 -14.71

Financial Position

Accounts ('000) Q1 2022 Q4 2021 Q3 2021 Q2 2021
Current Assets 3,247,859 2,996,912 2,941,772 3,064,260
Inventory 1,533,299 1,435,348 1,293,699 1,191,313
Total Assets 6,013,272 5,724,079 5,580,365 5,615,591
Current Liabilities 4,616,738 4,276,517 3,936,647 3,957,901
Total Liabilities 4,930,489 4,574,455 4,228,338 4,264,946
Shareholder's Equity 905,951 966,724 1,145,322 1,144,369

Statement of Comprehensive Income

Accounts ('000) 2021 2020
Sales 3,523,817 3,382,962
Cost of Sales 3,048,073 -2,919,850
Gross Profit 475,744 463,112
Selling and Distribution 169,674 -161,701
General and Administration 416,489 -362,165
Total Expenses 586,163 -523,866
Operating Income -110,419 -60,754
Financial Charges 51,959 -77,782
Other Income 26,292 63,394
Other Expenses 7,444 -69,711
Net Income Before Zakat -143,530 -144,853
Zakat 15,887 -15,020
Net Income -159,417 -159,873
DPS
EPS


Statement of Financial Position

Accounts ('000) 2021 2020
Current Assets 2,996,912 2,699,288
Inventory 1,435,348 1,167,785
Fixed Assets 804,853 868,553
Other Assets 486,966 539,794
Total Assets 5,724,079 5,275,420
Current Liabilities 4,276,517 3,647,001
Non-Current Liabilities 297,938 293,511
Minority Interests 182,900 201,439
Shareholder's Equity 966,724 1,133,469
Total Liabilities & Shareholders Equity 5,724,079 5,275,420
Total Liabilities 4,574,455 3,940,512


Statement of Cash Flow

Accounts ('000) 2021 2020
Net Income -159,417 -133,738
Depreciation 115,635 129,164
Accounts Receivable -56,845 177,033
Inventory -267,563 71,606
Prepaid Expenses
Accounts Payable 24,599 64,372
Purchases of Fixed Assets -53,329 -40,212
Cash at Begining of Period 156,092 197,252
Cash at End of Period 280,461 156,092

Statement of Comprehensive Income

Accounts ('000) Q1 2022 Q4 2021 Q3 2021 Q2 2021
Sales 896,796 900,200 827,015 847,421
Cost of Sales 800,845 820,843 691,919 723,937
Gross Profit 95,951 79,357 135,096 123,484
Selling and Distribution 41,918 62,217 31,256 35,740
General and Administration 81,486 170,917 90,867 74,006
Total Expenses 141,412 233,134 122,123 109,746
Operating Income -27,453 -153,777 12,973 13,738
Financial Charges 14,569 14,826 13,494 11,625
Other Income 2,676 3,181 5,491 9,455
Other Expenses 18,008 2,649 315 -349
Net Income Before Zakat -42,785 -168,071 4,655 11,917
Zakat 9,136 4,464 3,803 4,851
Net Income -51,921 -172,535 852 7,066


Statement of Financial Position

Accounts ('000) Q1 2022 Q4 2021 Q3 2021 Q2 2021
Current Assets 3,247,859 2,996,912 2,941,772 3,064,260
Inventory 1,533,299 1,435,348 1,293,699 1,191,313
Fixed Assets 784,537 804,853 839,158 848,018
Other Assets 329,997 486,966 505,736 512,000
Total Assets 6,013,272 5,724,079 5,580,365 5,615,591
Current Liabilities 4,616,738 4,276,517 3,936,647 3,957,901
Non-Current Liabilities 313,751 297,938 291,691 307,045
Minority Interests 0 182,900 206,705 206,276
Shareholder's Equity 905,951 966,724 1,145,322 1,144,369
Total Liabilities & Shareholders Equity 6,013,272 5,724,079 5,580,365 5,615,591
Total Liabilities 4,930,489 4,574,455 4,228,338 4,264,946

Statement of Cash Flow

Accounts ('000) Q1 2022 Q4 2021 Q3 2021 Q2 2021
Net Income -51,921 -172,535 852 7,066
Depreciation 25,800 27,720 27,745 29,718
Accounts Receivable -318,294 61,207 68,409 -84,067
Inventory -97,951 -346,421 102,386 -38,706
Prepaid Expenses
Accounts Payable 100,842 26,402 -106,055 131,095
Purchases of Fixed Assets -5,992 -8,600 -13,805 -15,016
Cash at Begining of Period 280,461 172,106 199,114 163,930
Cash at End of Period 212,841 280,461 172,106 199,114
Accounts ('000) 2017 2018 2019 2020 2021
Sales 4,403,850 4,313,649 4,278,226 3,382,962 3,523,817
Gross Profit 887,577 715,370 597,947 463,112 475,744
Net Income 105,018 -139,833 -138,809 -159,873 -159,417


Accounts ('000) 2017 2018 2019 2020 2021
Total Assets 5,681,723 5,763,211 5,643,398 5,275,420 5,724,079
Current Liabilities 3,434,758 3,848,401 3,696,223 3,647,001 4,276,517
Total Liability & Shareholder's Equity 5,681,723 5,763,211 5,643,398 5,275,420 5,724,079
Total Liabilities 3,805,343 4,139,096 4,163,563 3,940,512 4,574,455


Accounts ('000) 1 Year Change 3 Year Change 5 Year Change
Sales
Operating Income
Net Income
Current Assets
Fixed Assets
Total Assets
Shareholder's Equity

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, fiberglass and rock wool insulations, pre-insulated pipes, and solar power projects. The company sells and markets its products in more than 90 countries with manufacturing facilities in Saudi Arabia, United Arab Emirates, Egypt, India and Vietnam.
Business Activity Manufacturing, selling, supply, erection, fabrication of engineering systems, and services and maintenance.
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 2021, Zamil Industrial posted a turnover of SAR 3,523.8 million, with net loss, after deduction of Zakat and tax, of SAR 159.4 million. Equity attributable to shareholders (after deducting minority equity) as of 31 December 2021 amounted to SAR 966.7 million.

Contact

Email: info@zamilindustrial.com
PO Box: P.O. Box 14441 Dammam 31424
Telephone: +966 13 810 8111
Fax: +966 13 810 8199
Twitter: www.twitter.com/Zamilindustrial
Facebook: www.facebook.com/zamil.industrial.1
LinkedIn: https://www.linkedin.com/company/zamil-industrial

Board Members

Abdulla Mohammed Abdullah Al Zamil (Chairman)
Bander Abdulrahman Abdullah Al Zamil (Vice Chairman)
Sattam Abdulaziz Abdullah Al Zamil
Mohammad Sulaiman Mohammad Al Harbi
Khalid Mohammed Saleh Al Fuhaid
Saud Ghassan Ahmed Al Sulaiman
Adel Saleh Mohsen Al Ghassab