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Fadico shareholders approve board discharge for 2025
Arab Food and Dairy Factories Company (Fadiko) approved, during its Ordinary General Assembly meeting held today, the Board of Directors' report and the financial statements for the fiscal year ending December 31, 2025. The assembly also approved the discharge of the members of the board and granted them a bonus of one million Saudi Riyals. Additionally, the company approved delegating the board to distribute interim profits on a semi-annual or quarterly basis. The assembly appointed Dr. Mohammed Al-Amri & Partners as the external auditor to review the financial statements, with an audit fee of 300,000 Saudi Riyals.
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