According to the results of the company for the Saudi market (Tadawul) today, Monday, the profits for the period amounted to 52.32 million riyals, compared to profits of 48.34 million riyals for the second quarter of 2019. p>

The company said in a statement to the stock exchange that the increase in profits during the comparison periods is due to the growth of sales at a rate of 1.95%, as a result of entering new products and the company signing a contract to supply medical supplies. < / p>

In addition to the company's efforts to improve cost management and control well on controllable costs and to take advantage of government initiatives to mitigate the effects of the Corona virus pandemic.

The company achieved profits of 69.84 million riyals in the first half of this year, compared to a profit of 64.54 million riyals for the same period in 2019, an increase of 8.2%. < / p>

The company’s board of directors decided in its meeting held on Sunday, to distribute cash dividends to shareholders of 30 million riyals for the first half of this year.

The company indicated that the percentage of cash dividend amounts to 10% of the nominal value of the share by one riyal per share.

She explained that the eligibility of dividends to the shareholders who own the shares at the end of trading on September 14, 2020 registered in the company records with the Securities Depository Center company at the end of the trading day following the due date.

>

I mentioned that distributions will be paid within 15 working days of the due date.

(Fun Knowledge of Knowledge)