Riyadh – Mubasher: The board of Knowledge Tower Trading Company proposed on 25 December 2022 to pay out cash dividends worth SAR 2.18 million, equivalent to 12.50% of the share’s par value, to shareholders for the fiscal year (FY) that ended on 31 March 2021.
The firm will disburse SAR 1.25 per share for 1.75 million eligible shares, according to a bourse filing.
Last November, Knowledge Tower commenced listing and trading its shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul).
During the six-month period that ended on 30 September 2022, the company’s net profits after Zakat and tax amounted to SAR 6.11 million, an annual surge of 31.71% from SAR 4.63 million.
Revenues increased by 10.18% year-on-year (YoY) to SAR 20.93 million in the first half (H1) of FY22/23, compared to SAR 19 million.
Meanwhile, the earnings per share (EPS) stood at SAR 3.49 in H1-22/23, versus SAR 2.65 in H1-21/22.
