Zamil's accumulated losses reach 16.4% of capital by H1 2024-end

08/09/2024 Argaam
Logo ofZamil Industrial Investment Co.

Logo of Zamil Industrial Investment Co.

Zamil Industrial Investment Co. announced today, Sept. 8, that its accumulated losses reached SAR 98.3 million, or 16.4% of capital, by the end of the six-month period ended June 30, 2024.

 

The company turned to a profit of SAR 11.5 million in the first half of 2024, compared to losses of SAR 197.9 million in the same period a year earlier, according to Argaam’s data.

 

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