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Saudi Ground Services’ shareholders approve dividends for H2-18

Saudi Ground Services’ shareholders approve dividends for H2-18
The dividends will be disbursed on 8 May
SGS
4031
72.79% 50.80 21.40

Riyadh – Mubasher: The general assembly of Saudi Ground Services Co. (SGS) has approved the distribution of SAR 0.8 per share in cash dividends for the second half of the fiscal year 2018.

The dividends will be disbursed on 8 May, according to a bourse statement.

The Tadawul-listed shareholders’ also approved the payment of SAR 1.3 per share dividends for the first six months of 2018.

SGS’ posted a 26.54% year-on-year profit decline during the full-year 2018, recording SAR 368.43 million ($98.24 million).