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According to Arabia Net, the company's profits fell during the first half of this year, by 29.3% to reach 52.7 million riyals.
The reason for the decrease in net profit is mainly due to the decrease in the quantity and value of sales in the subsidiary in Jordan as a result of being affected by the closing of economic activities due to the pandemic of the Corona virus, and the high cost of sales and expenses General and administrative and marketing expenses in the parent company, despite the high dividends of investments in financial instruments, according to the company.
The company said it will distribute 100 million riyals to shareholders for the first half earnings, equivalent to one riyal per share.
She added that the eligibility of dividends to shareholders who own the shares on the maturity date of August 10, 2020 and who are registered in the shareholders ’record issued with the Securities Depository Center at the end of the second trading day following the maturity date. < / p>
(Amazon fun of knowledge)
