Advanced Building Industries Co. — Earnings Release 2013

Feb 24, 2014

Zamil Industrial Investment Co announces the annual financial results for the period ending on 31-12-2013

2240 · 24/02/2014 16:12:21 · Announcement #33435 · View on Saudi Exchange

Zamil Industrial Investment Co announces the annual financial results for the period ending on 31-12-2013

Element	Current year	Previous year	% Change
Net profit (loss)	235,356	201,454	16.83
Earning or loss per share, Riyals	3.92	3.36	-
Gross profit (loss)	1,306,814	1,165,120	12.16
Operational profit (loss)	400,437	365,194	9.65

*All figures are in (Thousands) Saudi Arabia, Riyals

Element	EXPLAINATION
Reasons of annual financial results	Due to improved performance in steel sector and overseas operations. Further, it is also due to decrease in Zakat provision and non-controlling interests.
Reclassifications in annual financial results	Certain figures for 2012 have been reclassified to conform with the presentation in the current year.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.