Mobily’s board of directors recommends distributing 654.5 million riyals to shareholders

Etihad Etisalat Company “Mobily” announced today, Thursday, the recommendation of the Board of Directors to distribute dividends in cash to shareholders for fiscal year 2021.

The company stated, in a statement to Saudi Tadawul that the total amount recommended by the board for distribution is 654.5 million riyals and will be distributed to 770 million shares.

The company has clarified that the share of the share in the distributions amounts to 0.85 riyals, and the eligibility for dividends in money will be due to the shareholders who own the shares on the maturity date and who are registered in the shareholders’ register of the company at the Deposit Center by the end of the second trading day following that of the general meeting of the company, which will be subsequently disclosed.

The company’s financial results showed an increase in net profit after zakat and taxes of 25.57% in the third quarter of 2021, to 281 million riyals, compared to a net profit of 222 million riyals for the same quarter of the year. last year.

Revenue for the third quarter of quest’year amounted to 3.606 billion riyals, compared to 3.355 billion riyals in the same quarter of the previous year, an increase of 7.48%.

The total profit was 2.186 billion riyals in the third quarter of 2021, compared to 2.056 billion riyals in the same quarter of 2020, an increase of 6.33%, mainly due to the increase in revenues.

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