The ‘finance’, whose shares in the Saudi stock market began today, intends to maintain ‘generous’ profit distributions in line with its policy over the past two years by distributing 60% of profits to shareholders, according to CEO Mohamed Al -Shammasi, in an interview with ‘Al -Sharq’. In the first sessions of circulation, the ‘Financial Essay’ share jumped with the maximum daily amount of 30% to about 39 Riyals during transactions, after the company collected $ 1.5 billion Riyale ($ 400 million) for 20%, in the first public subscription in the Kingdom in 2025. Profits … an annual … There is no fundamental reason why we are currently leading to change this trend, but the decision will eventually be in the hands of the company’s board, “Al -Shammasi said. in recent years. The activity of Saudi Applicable proposals is the initial offer of the company, which was covered within minutes of opening the subscription door, which began a year that appeared with the initial proposals on the Riyadh stock exchange, after Saudi businesses raised more than $ 4 billion from the sale of shares last year. It should be noted that the company “UMM Al -qura for development and reconstruction, supported by the Saudi Sovereign Fund and” Production “, while the regulators granted the green light to the company” Ijada “and” United Cartoon Industries “to move forward. Coverage rate of about 162 times.
Saudi “Karaya” aims to maintain “generous” profits for shareholders
