Advanced Building Industries Co. — Earnings Release 2015

Feb 25, 2016

Zamil Industrial Investment Co. announces the annual financial results for the period ending on 31-12-2015

2240 · 25/02/2016 15:49:52 · Announcement #41417 · View on Saudi Exchange

Zamil Industrial Investment Co. announces the annual financial results for the period ending on 31-12-2015

Element	Current year	Previous year	% Change
Net profit (loss)	263,007	260,340	1.02
Earning or loss per share, Riyals	4.38	4.34	-
Gross profit (loss)	1,305,283	1,347,387	-3.12
Operational profit (loss)	407,519	405,875	0.41

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

Element	EXPLAINATION
Reasons of annual financial results	Improvement in performance was due to marginal growth in Sales and Operating Income. Increase in net profit was due to better operating margins in AC Sector, lower financial charges, non- controlling interests, zakat and taxes.
Reclassifications in annual financial results	Certain figures for 2014 have been reclassified to conform with the presentation in the current year.

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