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Fitaihi Holding Group Announces that the Creditors’ Objection Period to Reduce the Company’s Capital will Soon End

August 29, 2021 | Investor Relations | Uncategorized

Element ListExplanationAnnouncement Detail Concerning the announcement of Fitaihi Holding Group on Thursday, 8 July 2021, published on the Tadawul website regarding the start of the Creditors’ Objection Period to the process of reducing the Company’s capital, as per the provisions of Article (145) of the Companies Law, Fitaihi Holding Group would like to remind you... Read More

Fitaihi Group announces its Consolidated Interim Financial Results for the Period Ending on 30-06-2021 (Six Months)

August 12, 2021 | Investor Relations | Uncategorized

Share this: Facebook Twitter LinkedIn ELEMENT LISTCURRENT QUARTERSIMILAR QUARTER FOR PREVIOUS YEAR%CHANGEPREVIOUS QUARTER% CHANGESales/Revenue34,183,4135,624,255507.785146,987,397-76.743Gross Profit (Loss)26,342,562-2,904,701–139,371,156-81.098Operational Profit (Loss)18,524,759-9,469,959–131,574,514-85.92Net Profit (Loss) after Zakat and Tax17,005,811-16,867,659–130,106,386-86.929Total Comprehensive Income33,881,039-16,464,196–137,811,397-75.414All figures are in (Actual) Saudi Arabia, Riyals ELEMENT LISTCURRENT PERIODSIMILAR PERIOD FOR PREVIOUS YEAR%CHANGESales/Revenue181,170,81020,570,494780.731Gross Profit (Loss)165,713,7184,677,4923,442.789Operational Profit (Loss)150,099,273-9,921,651–Net Profit (Loss) after Zakat and Tax147,112,197-19,282,172–Total Comprehensive Income171,692,436-38,325,353–Total Share Holders Equity (after Deducting Minority Equity)786,943,752569,211,99038.251Profit (Loss) per Share2.67-0.35All figures are... Read More

Fitaihi Announces the Sale of an Unutilized Accommodation Building in Riyadh for an Amount of 5 Million SAR Achieving 3.7 Million SAR

July 13, 2021 | Investor Relations | Uncategorized

ELEMENT LISTEXPLANATIONIntroductionWithin the strategic plan of Fitaihi Holding Group to maximize the shareholders’ rights through effective usage of the Company’s assets and resources, Fitaihi Holding Group announces that on Monday 12-07-2021 the Company has sold out an unutilized accommodation building in Riyadh for an amount of 5 million SAR.Transaction DetailsSelling an unutilized accommodation building in Riyadh.Transaction Value5 million SARTransaction... Read More

Fitaihi Announces the Start of the Creditors’ Objection Period Related to the Company’s Capital Reduction (that exceeds the Company’s need)

July 8, 2021 | Investor Relations | Uncategorized

ELEMENT LISTEXPLANATIONAnnouncement Detail With regards to the announcement of Fitaihi Holding Group on Thursday 8 July 2021 published on the Tadawul website regarding the results of the Extraordinary General Assembly Meeting of Fitaihi Holding Group (Second Meeting), held on Wednesday, 7 July 2021, which included the approval on the capital reduction of the Company (that exceeds the Company’s need),... Read More

Fitaihi announces the results of the Extraordinary Assembly Meeting which included the approval on the capital reduction (that exceeds the Company’s needs)

July 8, 2021 | Investor Relations | Uncategorized

ELEMENT LISTEXPLANATIONIntroductionFitaihi Holding Group announces the results of the Extraordinary General Assembly Meeting (the Second Meeting) which included the approval on the capital reduction of the Company, which was held at 07:30 on Wednesday 07/07/2021 through means of modern technology, as the quorum for the First Meeting was not completed; the Second Meeting was held an hour after the... Read More

Fitaihi Reminds its Shareholders of the Starting Date of the Electronic Voting on the Agenda of the Extraordinary General Assembly Meeting Which Includes the Reduction of the Company’s Capital (First Meeting) Through Means of Modern Technology

July 1, 2021 | Investor Relations | Uncategorized

Concerning the announcement of Fitaihi Holding Group on the Tadawul website on 14-06-2021 regarding the invitation of the Company’s honorable shareholders to participate in the Extraordinary General Assembly Meeting (the First Meeting) scheduled to be held through modern technology means (remotely) In support of the precautionary preventive efforts and measures taken by the competent authorities to deal with the... Read More

Fitaihi Invites Its Shareholders to Attend the EGM Which Includes reducing the Company’s Capital (First Meeting) Through Means of Modern Technology

June 14, 2021 | Investor Relations | Uncategorized

ELEMENT LISTEXPLANATIONIntroductionThe Board of Directors of Fitaihi Holding Group is pleased to invite its shareholders to participate and vote at the Extraordinary General Assembly Meeting which includes reducing the Company’s capital (First Meeting), through means of modern technology, using Tadwulaty System. This is in order to ensure the safety of the shareholders in the Capital Market, in support of... Read More

Fitaihi Announces The CMA’s Approval on The Group’s Request to Reduce Its Capital

June 8, 2021 | Investor Relations | Uncategorized

Fitaihi Holding Group would like to inform its valued shareholders of the CMA’s approval, issued on 07-06-2021, on the Company’s request to reduce its capital (that exceeds the Company’s need) by (50%) from SAR (550,000,000) to SAR (275,000,000), thus reducing the number of shares of the Company from (55,000,000) shares to (27,500,000) shares. The CMA’s approval is conditional on the... Read More

The Capital Market Authority Approves Fitaihi Holding Group’s Request to Reduce its Capital

June 7, 2021 | Investor Relations | Uncategorized

The CMA has issued its resolution approving Fitaihi Holding Group’s request to reduce its capital from SAR (550,000,000) to SAR (275,000,000), thus reducing the number of shares from (55,000,000) shares to (27,500,000) shares. This approval is conditional on the Company’s extraordinary general assembly approval and completion of the necessary procedures in relation to the applicable regulations. The Company will... Read More

Fitaihi announces its Consolidated Interim Financial Results for the period ending on 31-03-2021 (Three Months)

May 9, 2021 | Investor Relations | Uncategorized

ELEMENT LISTCURRENT QUARTERSIMILAR QUARTER FOR PREVIOUS YEAR%CHANGEPREVIOUS QUARTER% CHANGESales/Revenue146,987,39720,183,537628.25336,997,132297.294Gross Profit (Loss)139,371,15610,664,1001,206.91928,103,113395.927Operational Profit (Loss)131,574,514-1,074,236–12,080,203989.174Net Profit (Loss) after Zakat and Tax130,106,386-2,414,513–11,222,4011,059.345Total Comprehensive Income137,811,397-21,861,157–21,954,292527.719All figures are in (Actual) Saudi Arabia, Riyals ELEMENT LISTCURRENT PERIODSIMILAR PERIOD FOR PREVIOUS YEAR%CHANGETotal Share Holders Equity (after Deducting Minority Equity)753,062,713585,676,18628.58Profit (Loss) per Share2.37-0.04All figures are in (Actual) Saudi Arabia, Riyals ELEMENT LISTEXPLANATIONThe reason of the increase (decrease) in the... Read More

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