> The Saudi Company for Advanced Industries at its meeting, held on Wednesday, endorsed the Board of Directors' recommendation to distribute cash dividends from the second half of 2020 worth SR 12.5 million. p>

"The company said in a statement to the Saudi market (Tadawul) on Thursday, the distributions were 0.25 riyals per share and a value of 12.5 million riyals, distributed over 50 million shares.

She noted that the healing of distributions for equity shareholders for stocks by the end of the meeting of the Assembly and held in the register of the company's shareholders by the end of the second day traded the following maturity date.

> Agreement on the report of the Board of Directors and the report of the auditor, and the financial statements of the company in the year 2020, and the administration of members of the Board of Directors from that period.

> The appointment of Suha Bint Suaad al-Jahim has rejected an independent member of the Board of Directors to complete the current session of the Council successor to the former member Salman bin Nasser Al-Hawawi (independent member).

The company's profits last year fell by 8.7%; To reach SAR 26.07 million after Zakat and tax, compared to SAR 28.55 million profits in 2019.