According to the results of the company for the Saudi market (Tadawul) today, Sunday, the profits for the period amounted to 33.14 million riyals, compared to profits of 21.69 million riyals for the same period of last year. p>
The company said that the increase in profits during the comparison periods is due to the issuance of the decision to increase the VAT rate from 5% to 15%; This increased the demand for the company's products before applying the tax.
The company has achieved profits of 44.86 million riyals for the first half of this year, compared to profits of 40.93 million riyals for the same period in 2019, an increase of 9.6%. p>
The company announced the distribution of cash dividends to shareholders for the first half of this year at 5% of the nominal value of the share by 0.5 riyals per share, with a total value of 18 million riyals .
She indicated that the eligibility for distribution to the shareholders who own the shares on the maturity date on August 16, 2020 and who are registered in the shareholders register at the Securities Depository Center company at the end of the second trading day following the maturity date, on The distribution is on August 30, 2020.
(Fun Knowledge of Knowledge)
