DAMMAM, 19 July 2004 — Zamil Industrial Investment Company (ZIIC) yesterday announced its net profits of SR35 million for the first half of 2004. “This represents an increase of 11.8 percent over the same period in 2003,” Dr. Abdulrahman A. Al-Zamil, chairman of ZIIC, said yesterday. total turnover during the first half was SR932.9 million, an increase of SR165.3 million. This marks a 21.5 percent increase over the same period in 2003. Shareholders’ equity increased by 8.6 percent to SR453.8 million, up from SR417.7 million in 2003. Net profits after Zakah contributions grew by 11.8 percent to SR35 million compared to SR31.3 million in the same period in 2003.