Naba Alsaha obtains OGM’s nod for 2022 cash dividends
- Date: 03-Jul-2023
- Source: Mubasher
- Sector:Financial Markets
- Country:Saudi Arabia
Naba Alsaha obtains OGM’s nod for 2022 cash dividends
The ordinary general meeting (OGM) of approved cash dividends amounting to SAR 2.10 million, equivalent to 3% of the capital, for 2022. Eligible shareholders will receive a dividend of SAR 0.30 per share on 10 July 2023, according to a bourse disclosure. Last March, the listed firm for the Naba Alsaha Hospital project in Riyadh. In the January-December 2022 period, Naba Alsaha logged net profits after Zakat and tax worth SAR 26.92 million, higher by 4.24% year-on-year (YoY) than SAR 25.82 million. Revenues increased by 10.20% to SAR 129.68 million in 2022 from SAR 117.68 million in 2021, while the earnings per share (EPS) went up to SAR 3.85 from SAR 3.69.