The Ordinary General Assembly of Ataa Educational Company approved a dividend tender of 40 million riyals for the fiscal year ending on July 31, 2020, so that the share of each share is a riyal, at 10% Of paid up capital.
According to Arabiya Net, the company said in a statement that the shareholders who own the shares on the day of the assembly and who are registered in the company's shareholders register at the Securities Depository Center are entitled to deposit at the end of the second A trading day following the date of the assembly, and the date of dividend payment will be determined later.
The shareholders agreed to disburse an amount of 1.35 million riyals as a reward to the members of the Board of Directors, at the rate of 150 thousand riyals for each member until the period ending on July 31, 2020.
and the shareholders approved the articles of the association, including the items related to the financial statements for the company's previous financial year.
The net profit of Ataa Al-Dawliya decreased by 8.4% during the fiscal year ending on July 31, 2020, to reach 75.8 million riyals, compared to 82.7 million riyals in the year Previous financial to her.
the company's fiscal year begins in early August of each year, until the end of July of the following year.
The net profit of Ataa Educational Company decreased by 69.7% in the first quarter ending on October 31, 2020, to reach 4.92 million riyals, compared to 16.25 million riyals net profit for the same quarter From the previous fiscal year.
