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Saudi Pharmaceutical Industries and Medical Appliances Corp. announces the Board of Directors' recommendation to not distribute dividends for the financial year ended on 31-12-2024

SPIMACO 2070 -3.84% 24.52 -0.98
Element List Explanation
Introduction Saudi Pharmaceutical Industries and Medical Appliances Corp. announces the board of directors' recommendation to not distribute dividends for Fiscal year ended in 31 December2024.
Date of the board’s decision 2025-03-27 Corresponding to 1446-09-27
Reasons for Not Recommending Distribution To strengthen the company's financial position and support liquidity
Additional Information The Board of Directors’ recommendation to not distribute dividends for the financial year 2024 shall be presented to the next General Assembly Meeting for endorsement, the date of which will be determined later after getting the approval from the official authorities.

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