Extra announces 160M riyals dividends
Extra Saudi Arabia achieved net profits of 160 million SAR for the first half of 2026, with a dividend of 2 SAR per share, representing a distribution ratio of 20% of the nominal value, with the payment date scheduled for August 10. The company recorded a net profit of 102.47 million SAR in the second quarter, a decrease of 3.8% compared to the previous year, despite retail sector profits increasing by 7.3% during the same period, supported by higher revenues and improved operational performance. Meanwhile, the net profit for the half-year rose by 2.4% to 197 million SAR, despite the impact of geopolitical developments on consumer demand.
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