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Saudi Arabian Amiantit Co. announces the board of director's decision to not distribute dividends for the Fiscal Year 2024G

AMIANTIT 2160 -5.64% 21.08 -1.26
Element List Explanation
Introduction Saudi Arabian Amiantit Company announces the Board of Directors' resolution as recommendation to the General Assembly not to distribute cash dividends to shareholders for the fiscal year 2024G.
Date of the board’s decision 2025-03-27 Corresponding to 1446-09-27
Reasons for Not Recommending Distribution The reason for not distributing dividends is that the realized profits are accounting profits and did not result in a cash flow for the company to distribute the profits.
Additional Information This recommendation will be presented to the General Assembly for vote, which will be scheduled to meet later after obtaining approval from the official authorities.

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