Saudi“s Zamil Industrial Investment Company posts $1.5 profit

Saudi Arabia“s Zamil Industrial Investment Company (ZIIC) recently posted a net profit of EUR 1.8 million in the first half of 2001, compared to a net profit of EUR 3.7 million in the same period in …

Saudi Arabia“s Zamil Industrial Investment Company (ZIIC) recently posted a net profit of EUR 1.8 million in the first half of 2001, compared to a net profit of EUR 3.7 million in the same period in 2000. Dammam-based ZIIC came out of the merger between Zamil Steel Buildings, Zamil Air Conditioners and Zamil Glass Industries in 1998. ZIIC is active in petrochemicals, marine services, packaging, operations and maintenance, food production, real estate and finance.