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Mobi Industry Assembly Approves Profit Distribution
The Ordinary General Assembly of Mobi Industrial Company approved the delegation of the Board of Directors to distribute interim profits for the years 2026 and 2027, along with the appointment of an external auditor for the company, following the approval of the financial statements and the Board of Directors' report for the fiscal year ending December 31, 2025. The assembly also adopted the discharge of the Board members for that period and approved the appointment of Al-Lehid and Al-Yahya Accounting Firm to review the accounts for a fee of 430,000 riyals, while granting the Board of Directors the authority to distribute semi-annual or quarterly profits.
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