RIYADH: Nahdi Medical Co., the operator of one of the largest pharmacy chains in Saudi Arabia, has announced distributing SR300 million ($79.8 million) as dividends at SR 2.31 per share for the first half of 2022.
The announcement comes after the company reported a 20 percent hike in net profit to SR506 million in the first half of 2022, compared to SR421.8 million in the corresponding period of the previous year.
The company said in a bourse filling that 130 million eligible shares will receive dividends on Aug. 25, 2022.