Northern Cement approves withholding dividend for FY17
24/04/2018
Argaam
Northern Region Cement Co.’s general assembly approved on Monday to withhold cash dividend for the fiscal year 2017, the company said in a bourse statement.
Shareholders have also approved all other items on the meeting’s agenda.
The cement producer reported a net profit of SAR 52.3 million for the fiscal year 2017, 66 percent year-on-year decline.
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