| Zamil
Industrial was founded in 1998. It is headquartered in
Dammam, Kingdom of Saudi Arabia, and employs more than 9,600 people
in 55 countries. As an international manufacturing and fabrication
group, it provides leading air conditioning, pre-engineered steel
buildings, structural steel products, process equipment, transmission
and telecommunications towers, open web joists and decks, architectural
glass processing, aerated concrete products and fiberglass insulation
solutions to meet the requirements of the global construction industry
through its four sector businesses: Zamil Air Conditioners (http://www.zamilac.com),
Zamil Steel Industries (http://www.zamilsteel.com), Zamil Glass
Industries (http://www.zamilglass.com) and Arabian Fiberglass Insulation
Co. Ltd. (www.afico.com.sa).
For the year ended 31 December 2007, Zamil Industrial posted turnover
of SAR 3.681 billion/USD 981.6 million, a growth of 28.3% over 2006,
with net profit, after Zakat contribution, of SAR 206.5 million/USD
55.1 million. Post Zakat Earnings Per Share during 2007 grew to
SAR 4.59/USD 1.22 from SAR 4.26/USD 1.14 representing 7.8 percent
growth. Shareholders' equity grew by 20.6% to SAR 894.3 million/USD
238.5 million. Export sales accounted for SAR 1,337 million/USD
356.5 million representing 36% of total revenue and 20.4% growth
over 2006. Zamil Industrial exports to more than 80 international
markets. |