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Fad Assembly Approves 6M Riyals Profit for 2025
The Board of Directors of Fad International Company approved the distribution of cash dividends amounting to 6 million Riyals for the year 2025, equivalent to 5 Riyals per share, representing 50% of the capital. The distribution is scheduled to begin on June 25, 2026. The board also approved staggered dividends for 2026, reviewed and approved the financial statements and Board of Directors' reports for 2025, appointed Ernst & Young as the external auditor, and authorized a compensation of 913,000 Riyals for the Board members.
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