Burgerizzr.com has decided to distribute cash dividends to shareholders of 32% of the capital at 3.2 riyals per share for the first half of 2021.
According to Arabiya Net, the company said in a statement that the total amount distributed amounts to 8 million riyals, due to about 2.5 million shares.
The company stated that the eligibility for profits is for the company's shareholders who own shares at the end of trading on Thursday, September 30, 2021, and who are registered in the company's shareholders register at the Securities Depository Center at the end of the second day Trading after the due date.
According to the statement, the distribution will be by direct transfer to the bank accounts linked to the shareholders' investment portfolios.
The initial results of Burgerizzr showed an increase in its net profit after zakat and tax by 15.67% in the first half of 2021, to reach about 6.5 million riyals, compared to about 5.6 million Real in the first half of 2020.
The increase in net profit was mainly due to sales growth due to the increase in the number of branches at the end of the first half of 2021, and to lower financing costs and losses on disposal of property and equipment, Bergrazer said. Compared to the increase in general, administrative and selling expenses.
The shares of Burgerizzr, the fast-food sandwich house restaurant company, began trading in Nomu - Parallel Market on September 8, 2021.
The stock is listed with the trading symbol 9520 and the international symbol SA15C2IKKO13.
