Riyadh Cement decides to distribute 120 million riyals as a profit for the first half of the year

The Board of Directors of Riyadh Cement Company has decided to distribute dividends in cash to shareholders of the company for the first half of fiscal year 2021, amounting to 120 million riyals for 120 million shares.

Riyadh Cement stated in a statement on “Tadawul Saudi Arabia” today, Wednesday, that the share’s distribution share is riyal, with a distribution ratio of 10% to the share’s face value.

Eligibility for profit is due to the shareholders of the company holding the shares at the end of the negotiations on Thursday 16 September 2021 and who are registered in the shareholders’ register of the company at the Securities Deposit Center at the end of the second trading day following the deadline. .

The release date is October 3, 2021.

The net profit of Riyadh Cement Company during the first half of questyear increased by 32.19% to reach around 160.39 million riyals, after zakat and taxes, compared to around 121.33 million riyals in the first half of 2020.

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