The annual financial statements of Saudi Airlines Catering Company showed that the company's profits increased last year by 1% on an annual basis.
According to the results of the company for the Saudi market (Tadawul) today, last year’s profits reached 463.9 million riyals, compared to 459.3 million riyals in 2018 profits.
The company said in the statement that the higher profits are due to increased sales, lower cost of sales and personnel costs that fall under the cost of revenue.
The company clarified that the dividends are entitled to the shareholders who own the shares at the end of trading on Thursday 12 March 2020, provided that the dividends will be distributed on the 26th of the same month.
