Zamil Industrial Investment Company posted SR201.5 million net profits for the year ending Dec. 31, 2012, an increase of 30.7 percent compared to SR154.2 million over the same period in 2011. Earnings per share increased to SR3.36 from SR2.57 in the same period in 2011. Gross profits were SR1165.1 million, an increase of 10.8 percent compared to SR1051.2 million in the period under review. Operating profits were SR365.2 million compared to SR258.3 million, an increase of 41.4 percent. Better performance during the fiscal year of 2012 was due to improved operational efficiency in all sectors, improved performance from overseas operations, and enhanced asset utilization in the steel sector. – SG
