Fad International’s board recommends dividend freeze for 2023

10/06/2024 Argaam
Logo ofFad International Co.

Logo of Fad International Co.

Fad International Co.’s board of directors recommended, on June 9, withholding dividends for 2023, according to a statement to Tadawul.
 
The decision was attributed to the company’s lower earnings reported last year, the statement added.
 
 
The company’s net profit plunged 98% to SAR 262,000 in 2023, from SAR 14.6 million a year earlier, Argaam reported.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.