Zamil’s losses exceed SAR 159m in 2021

Riyadh – Mubasher: Zamil Industrial Investment Company has incurred net losses after Zakat and tax worth SAR 159.41 million in 2021, a slight decline of 0.28% from SAR 159.87 million in 2020.

Revenue grew by 4.16% to SAR 3.52 billion last year, compared to SAR 3.38 billion in 2020, according to a recent bourse filing.

Moreover, the loss per share stood at SAR 2.66 in 2021, unchanged from 2020.

In the first nine months (9M) of 2021, Zamil achieved net profits after Zakat and tax worth SAR 13.11 million, against net losses of SAR 125.62 million in 9M-20.

The company’s revenues increased by 8.21% in 9M-21 to SAR 2.62 billion, compared to SAR 2.42 billion during the same nine months a year earlier. 

Mubasher Contribution Time: 27-Mar-2022 13:51 (GMT)
Mubasher Last Update Time: 27-Mar-2022 13:51 (GMT)