The net profit of the “Industrial Ways” company increased by 6.17% in 2022, to about 32.27 million riyals after zakat and tax, compared to about 30.39 million riyals in 2021.
The company said in a statement on “Tadawul Saudi Arabia”, today, Tuesday, that its sales increased by 27.27% in 2022, to about 386.59 million riyals, compared to sales of 303.75 million riyals in 2021.
In a related context, the company announced the distribution of cash dividends for the year 2022, at a rate of 7.5%.
And she explained in a statement, that the value of the dividends amounted to 18.75 million riyals, distributed over 25 million shares, and the share per share of the distribution amounted to 0.75 riyals.
She clarified that the eligibility date for the shareholders registered in the Tadawul company’s register is the date of the General Assembly, which will be determined later.
She indicated that the distribution will take place within a month from the date of the company’s general assembly, which will be determined later.