The company said in a statement to the Saudi market (Tadawul) today, Monday, that the dividends are determined at 10% of the nominal value of the share by one riyal per share.
The company clarified that the eligibility for distribution to the shareholders who own the shares on the maturity date on August 9, 2020 and who are registered in the company’s shareholders ’register at (deposit) at the end of the second trading day following the maturity date, on The distribution takes place on August 23rd.
The company announced today that it recorded profits of 125.18 million riyals in the first half of this year, compared to a profit of 106.29 million riyals for the same period in 2019, an increase of 17.8% .
The company achieved profits of 90.5 million riyals in the second quarter of 2020, compared to a profit of 72.46 million riyals for the same period last year, an increase of 24.9%. p>
The company said that the improvement in profits during the comparison periods is due to the increase in sales of all departments of the company, especially with the beginning of last June; As a result of the issuance of decisions to increase the value-added tax, which led to an increase in demand for products before the application of the tax, in addition to the increase in revenues from (Extra) services and consumer financing services.
(Fun Knowledge of Knowledge)
