ELEMENT LISTEXPLANATIONAnnouncement DetailThe Board of Directors of Fitaihi Holding Group announces its resolution, issued on May 11th, 2020, to accept the resignation of one of its senior executives, the CEO of Fitaihi Retail Company, Dr. Mohammed Ahmed Hassan Fitaihi, from his position as a CEO of the Retail Sector at Fitaihi Holding Group, which he submitted on May 11th,... Read More
Share this: Facebook Twitter LinkedIn ELEMENT LISTEXPLANATIONIntroductionFitaihi Holding Group is pleased to announce the results of the Ordinary General Assembly Meeting (First Meeting) held on 05/05/2020, at 10:30 p.m., and after the quorum has been completed (according to the company’s Articles of Association).City and Location of the General Assembly’s MeetingThe GM was held remotely from Jeddah via means of modern technology, as per... Read More
Share this: Facebook Twitter LinkedIn ELEMENT LISTEXPLANATIONAnnouncement DetailFitaihi Holding Group is pleased to announce to its valued shareholders, that they will be able to vote remotely on the agenda of the Ordinary General Assembly Meeting starting from 10:00 am on Saturday 02/05/2020 until 11:30 pm on the day of the General Assembly Meeting that will be held through modern technical means, at 10:30... Read More
Share this: Facebook Twitter LinkedIn ELEMENT LISTEXPLANATIONIntroductionFollowing the announcements of Fitaihi Holding Group, published on Tadawul website on March 16th and 17th, 2020, and on April 7th, 2020, in regards to the temporary closing of the retail stores of its two subsidiary companies (Fitaihi Retail Company) and (Luxury Goods Trading Company Ltd) in Saudi Arabia and a branch in Kuwait, as a continuation... Read More
Share this: Facebook Twitter LinkedIn ELEMENT LISTEXPLANATIONAnnouncement DetailIn reference to the initiatives and the additional decisions of the government of the Kingdom of Saudi Arabia regarding mitigating the negative impact of Coronavirus pandemic on private sector companies, Fitaihi Holding Group announces that the company is complying with the latest released decisions by the relevant authorities. The company would like to indicate that the... Read More
Fitaihi Holding Group invites its shareholders to attend the ( First Meeting ) Ordinary General Assembly Meeting Share this: Facebook Twitter LinkedIn ELEMENT LISTEXPLANATIONIntroductionThe Board of Directors of Fitaihi Holding Group is pleased to invite its shareholders to attend the Ordinary General Assembly Meeting No. 20 (the first meeting), at the meeting hall of Fitaihi Headquarters in Jeddah, (https://goo.gl/maps/BVDyXvjqh5y ), through means of modern... Read More
ELEMENT LISTEXPLANATIONIntroductionFitaihi Holding Group announces the recommendation of the Board of Directors to the General Assembly not to distribute dividends to its shareholders for the second half of the fiscal Year 2019.Board Resolution Date2020-03-25 Corresponding to 1441-08-01Reasons for Not Recommending DistributionThe Board’s recommendation not to distribute dividends, for the second half of the fiscal year 2019, is due to... Read More
ELEMENT LISTCURRENT YEARPREVIOUS YEAR%CHANGESales/Revenue100,626,072147,721,685-31.881Gross Profit (Loss)47,772,60785,703,665-44.258Operational Profit (Loss)-4,337,82411,701,390–Net Profit (Loss) after Zakat and Tax-9,542,7577,771,362–Total Comprehensive Income-182,243-10,795,199-98.311Total Share Holders Equity (after Deducting Minority Equity)607,537,343632,469,586-3.942Profit (Loss) per Share-0.170.14All figures are in (Actual) Saudi Arabia, Riyals ELEMENT LISTEXPLANATIONIncrease (Decrease) in Net Profit for Current Year Compared to Last Year is Attributed toThe reason for achieving a net loss during the financial year 2019,... Read More
ELEMENT LISTEXPLANATIONIntroductionFurther to the announcement of Fitaihi Holding Group published on Tadawul website on March 16th. 2020, in regards to the temporary closing of retail stores of its two subsidiary companies (Fitaihi Retail Company) and (Luxury Goods Trading Company Ltd) that are located within the commercial centers in Saudi Arabia and a branch in Kuwait, please note that on... Read More
Fitaihi Holding Group announces the closing of retail stores of its two subsidiary companies (Fitaihi Retail Company) and (Luxury Goods Trading Company Ltd) that are located within the commercial centers in Saudi Arabia and a branch in Kuwait, temporarily until it’s permitted to reopen. This closure comes in implementation of the instructions issued by the official authorities in the Kingdom of Saudi Arabia and... Read More