Saudi Cable Company announces receipt of the partners' dividend distribution from Midal Cables Company (the associate company)
| Element List | Explanation |
|---|---|
| Announcement Detail | Saudi Cable Company is pleased to announce that based on the decision of the Board of Directors of Midal Cables Company (the associate company) on 08/05/2025, to distribute dividends to partners for the first quarter of the fiscal year 2025, the approved dividends were received on 13/05/2025.
The Saudi Cable Company's share of it is 15,312,492 (fifteen million three hundred twelve thousand four hundred and ninety-two riyals). Which will support working capital and raise the manufacturing capacity rates of the Saudi Cable Company. This distribution is expected to have a positive financial impact on the company in the second quarter of 2025. |
Comments