SAPTCO
4040
-0.86%
16.08
-0.14
4040
Riyadh-Mubasher: Shareholders of Saudi Public Transport Co (SAPTCO) gave a nod to the payment of cash dividends at 7.5% of capital, or SAR 0.75 a share, totalling SAR 93.7 million.
During Monday’s meeting, shareholders also approved cash dividends at SAR 0.5 per share, or 5% of the capital gains achieved from selling a land plot in Medina.
The company reported a 598.2% surge in its first-quarter net earnings to SAR 147.3 million, compared with SAR 21.1 million in Q1-14.
Source:
Mubasher