Naba Alsaha obtains OGM’s nod for 2022 cash dividends

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.