Mubasher TV
Contact Us Advertising   العربية

Sipchem unveils SAR 362.5m cash dividends for H1-25

Sipchem unveils SAR 362.5m cash dividends for H1-25
Photo Archive
SIPCHEM
2310
-1.19% 19.04 -0.23

Riyadh – Mubasher: The board of Sahara International Petrochemical Company (Sipchem) announced cash dividends worth SAR 362.56 million, equivalent to 5% of its share capital, for the first half (H1) of 2025.

Sipchem will pay SAR 0.50 per share for 725.12 million eligible shares, according to a bourse disclosure.

Eligibility and disbursement dates for the H1-25 dividends will be 3 and 17 July 2025, respectively.

During the first three months (3M) of 2025, the Saudi company registered an annual rise of 7.60% in net profit to SAR 195.30 million, compared to SAR 181.50 million.