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Saudi Bahri reports record profits
Saudi Bahri Company Achieves Exceptional Profits of Up to $369 Million for the First Half of the Year, and Announces a Cash Dividend of 1.5 SAR per Share (15% of the Par Value), Benefiting Over 922 Million Shares, with Payment Starting on September 27 via the National Commercial Bank. The Company's Profits Nearly Quadrupled in the Second Quarter Compared to the Same Period Last Year, Reflecting the Success of Fleet Management Strategies and Operational Efficiency Improvements in the Shipping Sector. This Comes Amid Strong Financial Performance that Boosts the Stock's Attractiveness and Confirms the Company's Robust Financial Position in the Global Market.
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