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Ground Services shareholders approve 2026 interim profit distribution

Ground Services shareholders approve 2026 interim profit distribution

Shareholders of Saudi Ground Services approved delegating the Board of Directors to distribute interim profits for 2026 during the Ordinary General Assembly meeting, which was attended by a voting turnout of 64.4%. Additionally, major contracts were approved with subsidiaries of the Saudi Airlines Group exceeding 1.5 billion riyals, covering ground handling services, passenger transportation, fueling, and training—reflecting confidence in the company's financial position and cash flows. A new external auditor was also appointed, the remuneration policy was updated, and new members were approved for appointment to the Board of Directors.

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