Al-Zamil achieved profits of $50 million over the past years

Published February 6th, 2002 - 02:00 GMT
Al Bawaba
Al Bawaba

The Saudi Al-Zamil Industrial Investment Company achieved 190 million Saudi Riyals ($50 million) in profits over the past three years, reported Al-Watan . Of these profits, the company distributed SR 96 million dividends to stockholders, which is equivalent to SR 32 million per annum. The rest of the profits were maintained as retained profits. The company consists of the Al-Zamil Steel Factory, Al-Zamil Air-Conditioners Factory and Al-Zamil Glass Factory. — (menareport.com) 

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