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

Fitaihi Holding Group announces that, on Thursday 30/01/2020, it has completed the sale of goods (within the product range Fitaihi Holding Group operates and sells) with a value of 1,445,984 SAR in cash, without special conditions, to the IMC, which is considered a related party, where Fitaihi Holding Group owns 19.25% of its capital. The financial impact of this... Read More

Once again, Fitaihi Holding Group has been awarded the Corporate Governance Index Excellence Award on 03-02-2021, by the Corporate Governance Center of Alfaisal University – College of Business, for being among the Top Performers in corporate governance practices in the non-financial sectors. Read More

ELEMENT LISTCURRENT QUARTERSIMILAR QUARTER FOR PREVIOUS YEAR%CHANGEPREVIOUS QUARTER% CHANGESales/Revenue26,082,55725,731,5201.36436,471,701-28.485Gross Profit (Loss)16,260,42715,623,3624.07722,774,899-28.603Operational Profit (Loss)3,823,8391,312,950191.249,083,675-57.904Net Profit (Loss) after Zakat and Tax2,180,141-154,438–7,452,781-70.747Total Comprehensive Income4,058,933-11,703,913–2,430,04667.031All figures are in (Actual) Saudi Arabia, Riyals ELEMENT LISTCURRENT PERIODSIMILAR PERIOD FOR PREVIOUS YEAR%CHANGESales/Revenue98,309,134112,856,401-12.89Gross Profit (Loss)58,798,11566,882,190-12.087Operational Profit (Loss)19,908,29118,975,9864.913Net Profit (Loss) after Zakat and Tax15,190,84614,970,9421.468Total Comprehensive Income20,336,490-13,700,192–Total Share Holders Equity (after Deducting Minority Equity)628,056,076643,314,593-2.371Profit (Loss) per Share0.280.27All figures are in... Read More

During the meeting of the Board of Directors of Fitaihi Holding Group, held on Sunday 3/11/2019, a resolution was issued to form a new Board committee named “The Executive Committee for the Retail Sector“, which main objective is to oversee the development and implementation of strategic plans for the retail sector. The membership of the new committee consists... Read More