Savola Group, one of the largest industrial firms in Saudi Arabia, has set key dates for its events and announcements to keep its shareholders and investors up to date.
The company said it will release financial results for second quarter 2015 starting April 19-21.
Savola expects to generate a net profit of SAR 1.815 billion this fiscal year before capital gains, with SAR 360 million anticipated in the first quarter.
By the end of 2014, the company operated 345 markets inside the kingdom, with 59 Panda Hypermarkets, 131 Panda supermarkets, and 155 My Panda stores; in addition to one market in Dubai, United Arab Emirates.
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SAVOLA Events for 2015 |
||
|
Notes |
Date |
Event |
|
-- |
March 29 |
Ordinary General Assembly meeting |
|
Q2-2015 |
||
|
Q1 financial results and cash dividend |
April 19 |
Board of Directors meeting |
|
-- |
April 19-21 |
Q1-2015 financial results |
|
Paid within 15 days from the date of eligibility |
April 19-21 |
Cash dividend announcement |
|
-- |
April 21 / May 6 |
Q1 prospectus |
|
Q3- 2015 |
||
|
According to the start and the end of Eid Al fitr holiday |
-- |
Q2-2015 financial results |
|
According to the start and the end of Eid Al fitr holiday |
-- |
Cash dividend announcement |
|
10 days after the announcement of financial results |
-- |
Q2 prospectus |
|
Q4-2015 |
||
|
Q3 financial results and cash dividend |
Oct. 19 |
Board of directors meeting |
|
-- |
Oct. 19-21 |
Q3 financial results |
|
Paid within 15 days from date of eligibility |
Oct. 19-21 |
Cash dividend announcement |
|
-- |
Oct. 22 / Nov. 10 |
Q3 prospectus |
|
-- |
Dec. 17 |
2015 budget announcement |
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