The General Assembly of Yanbu Cement Company, at its meeting held on Wednesday, approved the recommendation of the Board of Directors regarding the cash dividends for the second half of 2019.

The company said in a statement to the Saudi market (Tadawul) today, Thursday, that the company decided to distribute 12.5% ​​cash dividends for the second half of last year.

She explained that the dividends are at 1.25 riyals per share, with a total value of approximately 196.9 million riyals.

He indicated that the company had distributed about 118.13 million riyals in profits for the shareholders for the first half of last year, bringing the total profits distributed for the full year to 315 million riyals. p>

The company's profits were 182.8% in the last year, to reach 257.82 million riyals, compared to profits of 91.18 million riyals in 2018.