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Article: Zamil Industrial,COs profit up 20pc.
- Article from:
- Gulf Industry
- Article date:
- August 1, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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(Image: Zamil-Indus.jpg )
Zamil IndustrialCOs net profits after Zakat contributions were SR123.4 million ($32.9 million) in first-half 2008, up 20 per cent over the corresponding period in 2007. Turnover for the first half of this year was SR2.29 billion, a growth of 29.3 per cent. Exports amounted to SR744.6 million, representing 32 per cent of turnover. The products of Zamil IndustrialCOs sector businesses are marketed and sold in more than 80 countries around the world. For the second quarter of this year, the net profit was SR73 million against SR57.8 million in the same period of 2007, an increase of 26.4 per cent. Khalid Al Zamil, managing director of the ...