Khalid Zafar Bros approves 591.15M riyals in cash profits
The Extraordinary General Assembly of Khalid Zafer and Brothers Logistics Services Company approved the distribution of cash dividends amounting to 591,150 SAR for the year 2025. This amounts to 0.17 SAR per share, representing 1.7% of the capital, with the dividend payout scheduled to begin on July 5, 2026. Additionally, the assembly approved a new dividend distribution policy stipulating that at least 30% of net annual profits will be distributed starting from 2026, with the Board of Directors authorized to implement semi-annual or quarterly distributions. The assembly also approved the company's reports and amendments to its bylaws, as well as the appointment of Mihan Consulting Company as the external auditor for 2026.
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