Pursuing the downturn
During Q1 2017, Zamil Industrial recorded declining revenues by 19.1% yoy, standing at SAR997.939m. The cost of sales decreased significantly by 22.2% yoy to SAR741.307m, giving place to an improving gross margin by 300 basis points to 25.7%. The net result fell by 18.7% yoy to set at SAR41.777m.Zamil Industrial Investment is an industrial manufacturing group based in the Kingdom of Saudi Arabia. Co. and its subsidiaries are engaged in manufacturing and erecting steel buildings, transmission line towers and structural steel products; manufacturing and assembling room and central air conditioners and other related activities; and production glass and mirrors. Co.'s operations are organized along three main business sectors: Zamil Air Conditioners, Zamil Steel Industries and Zamil Glass Industries. Co. operates predominantly in Saudi Arabia.
AlphaMena is the MENA stocks leader in independent equity research, covering 142. MENA securities spanning across 19 sectors and 8 countries relaying on a team of 11 analysts. The breadth of coverage allows AlphaMena to formulate a coherent view on markets, sectors and to highlight the best investments in Mena zone using a robust homogeneous and transparent methodology, enabling pure and pertinent comparisons based on financial and extra-financial criteria.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.