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SASCO to distribute 2% dividends for Q3-21

SASCO to distribute 2% dividends for Q3-21
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Riyadh – Mubasher: The board of Saudi Automotive Services Company (SASCO) has approved to distribute cash dividends, equivalent to 2% of the capital, for the third quarter (Q3) of 2021.

The cash dividend distribution stands at 20 halalh per share, aggregating at a total value of SAR 12 million, according to a bourse filing on Tuesday.

The entitlement date was set on Sunday, 2 January 2022.

It is noteworthy to mention that during the third quarter (Q3) of 2021, SASCO posted a decrease of 34.6% year-on-year (YoY) in net profits after Zakat and tax to SAR 11.4 million, compared to SAR 17.45 million.