Superior Constructing Industries Firm brand – Senaat
mentioned Hamad Al Zamil, the monetary consultant of Superior Development Industries Firm “Industries”The decline within the firm’s revenues within the third quarter of 2025 is a results of seasonal components within the air-con and building sectors.
Al Zamil added in an interview with Al Arabiya Enterprise that the corporate’s revenues throughout 9 months recorded a rise of seven% on an annual foundation, supported by sturdy development within the metal sector, which recorded a rise of greater than 12%, along with the constructive efficiency of the insulation sector after the corporate acquired the complete share of the overseas accomplice within the Gulf Insulation Group.
Al-Zamil defined that the rise in quarterly earnings by 300% got here on account of improved operational efficiency and elevated manufacturing facility effectivity by means of the introduction of automation and robotics applied sciences, along with decrease financing prices and improved earnings of affiliate corporations.
He acknowledged that the corporate lowered the amount of loans in comparison with final 12 months, and likewise benefited from the decline in rates of interest, which contributed to lowering monetary burdens by about 8 million riyals.
Al-Zamil confirmed that the metal sector at this time represents about 50% of the group’s revenues, supported by the corporate’s factories in Saudi Arabia, Vietnam, India, and Egypt, which reinforces its skill to cowl regional and worldwide markets, adopted by the air-con sector after which insulators by way of contribution to revenues.
He acknowledged that the acquisition of the overseas accomplice’s stake in AVECO, which occurred final March, required recalculating the comparative outcomes because the finish of December, which affected a rise in earnings by 2.7 million riyals.
Al-Zamil identified that altering the corporate’s identify from “Zamil Industrial Funding” to “Superior Development Industries” comes as a part of a method to broaden the scope of the corporate’s enterprise in varied industrial sectors and improve its presence in overseas markets, stressing that the change displays the corporate’s orientation to be a sexy platform for specialised industrial funding.
In keeping with Arqaam knowledge, the earnings of the Superior Development Industries Firm (previously Zamil Funding) rose to 77.2 million riyals by the top of the primary 9 months of 2025, in comparison with earnings of 18.6 million riyals achieved throughout the identical interval in 2024, whereas third-quarter earnings amounted to twenty-eight.2 million riyals.
