Posted inUncategorized Top 30 Saudi Arabian construction stocks

Zamil Industrial Investment

Company: 10.18

Market cap: 477m

Zamil Industrial Investment is a holding company for a group with scores of construction-related businesses involved in everything from structural steel and cooling systems to coatings, glass, bricks and even a ladder maker. The business is chaired by Dr. Abdulrahman Al Zamil, whose holding company retains 19.9% of its shares. The firm also has business units in the UAE, Egypt, Austria, India and Vietnam and Italy, and employs 12,000 people in 60 countries. Around 30% of its revenues are derived from exports. Net profits for the six months to 30 June increased by 4.4% to $139.8m.

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