ELEMENT LISTEXPLANATIONIntroductionFitaihi Holding Group announces the recommendation of the Board of Directors to distribute cash dividends to its shareholders for the first half of the fiscal Year 2020 as follows:Board Resolution Date2020-11-10 Corresponding to 1442-03-24Total Amount of Dividend Distributed11,000,000 SARNumber of Shares Eligible for Dividends55,000,000Dividend per share20 Halals per sharePercentage of Dividend to the Share Par Value (%)2 %Eligibility... Read More

ELEMENT LISTCURRENT QUARTERSIMILAR QUARTER FOR PREVIOUS YEAR%CHANGEPREVIOUS QUARTER% CHANGESales/Revenue55,644,59418,518,646200.4785,624,255889.368Gross Profit (Loss)50,567,30612,656,507299.536-2,904,701–Operational Profit (Loss)44,180,8723,982,3821,009.408-9,469,959–Net Profit (Loss) after Zakat and Tax38,060,8602,180,1411,645.798-16,867,659–Total Comprehensive Income46,085,0344,058,9331,035.397-16,464,196–All figures are in (Actual) Saudi Arabia, Riyals ELEMENT LISTCURRENT PERIODSIMILAR PERIOD FOR PREVIOUS YEAR%CHANGESales/Revenue76,215,08876,546,398-0.432Gross Profit (Loss)55,244,79847,217,01017.001Operational Profit (Loss)34,259,22119,901,27972.145Net Profit (Loss) after Zakat and Tax18,778,68815,190,84623.618Total Comprehensive Income7,759,68120,336,490-61.843Total Share Holders Equity (after Deducting Minority Equity)615,297,024628,056,076-2.031Profit (Loss) per Share0.340.28All figures are in... Read More

Share this: Facebook Twitter LinkedIn Element ListIntroduction ExplanationWith reference to the announcement of Fitaihi Holding Group on Tadawul website published on June 10, 2020, regarding signing a non-binding Memorandum of Understanding with the former board member Dr. Mohammed Ahmed Hassan Fitaihi, to sell the Group’s 80% stake in the capital of its subsidiary (Luxury Goods Trading Company Ltd.)... Read More

Share this: Facebook Twitter LinkedIn ELEMENT LISTEXPLANATIONIntroductionBased on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of Fitaihi Holding Group issued a resolution on 21-10-2020 to appoint a member of the Board of Directors, Mrs. Bayan Adel Mohammed Fakeih (Non-Executive Member) in the vacant seat of the board of directors to succeed the resigning former member of the board... Read More

Share this: Facebook Twitter LinkedIn ELEMENT LISTEXPLANATIONAnnouncement DetailReferring to the announcement of Fitaihi Holding Group published on Tadawul website on November 4, 2019, regarding its formation of a new board committee called the Executive Committee for the Retail Sector, the Board of Directors of Fitaihi Holding Group issued a resolution on 21-10-2020, to not renew the Executive Committee for the Retail Sector as... Read More

Share this: Facebook Twitter LinkedIn ELEMENT LISTEXPLANATIONAnnouncement DetailWithin the strategic plan of Fitaihi Holding Group, and according to the resolution of the Board of Directors of the Group to sell 5.01% of the capital of its associate, Al-Jouf Agricultural Development Company, before 16/09/2020, out of its 14.01% stake (before selling) in the share capital of Al-Jouf Agricultural Development Company, Fitaihi Holding Group announces... Read More

Share this: Facebook Twitter LinkedIn ELEMENT LISTCURRENT QUARTERSIMILAR QUARTER FOR PREVIOUS YEAR%CHANGEPREVIOUS QUARTER% CHANGESales/Revenue5,624,25528,608,635-80.3414,946,239-62.37Gross Profit (Loss)-2,904,70118,490,434–7,582,193–Operational Profit (Loss)-9,469,9598,762,692–-451,6921,996.552Net Profit (Loss) after Zakat and Tax-16,867,6597,452,781–-2,414,513598.594Total Comprehensive Income-16,464,1962,430,046–-21,861,157-24.687All figures are in (Actual) Saudi Arabia, Riyals ELEMENT LISTCURRENT PERIODSIMILAR PERIOD FOR PREVIOUS YEAR%CHANGESales/Revenue20,570,49458,027,752-64.55Gross Profit (Loss)4,677,49234,560,503-86.465Operational Profit (Loss)-9,921,65115,918,897–Net Profit (Loss) after Zakat and Tax-19,282,17213,010,705–Total Comprehensive Income-38,325,35316,277,557–Total Share Holders Equity (after Deducting Minority Equity)569,211,990634,997,143-10.359Profit (Loss) per Share-0.350.24All figures are... Read More

ELEMENT LISTEXPLANATIONAnnouncement DetailThe Board of Directors of Fitaihi Holding Group issued a resolution on August 16, 2020, to close three retail branches of its subsidiary, Fitaihi Retail Company, during the third quarter of the fiscal year 2020, as follows:1- Fitaihi Center – Riyadh – Al-Sitteen Street (for selling gold, jewelry, accessories, antiques, and gifts)2- Fitaihi Showroom – Riyadh –... Read More

ELEMENT LISTEXPLANATIONIntroductionFitaihi Holding Group is pleased to announce the results of the Ordinary General Assembly Meeting (First Meeting) held on 15/07/2020, at 6:30 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 The Company’s Headquarters in Jeddah via means of modern... Read More

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 a.m., Sunday 12/07/2020, until 7:00 p.m., on the day of the General Assembly Meeting that will be held through modern technical means, at 6:30 p.m., Wednesday... Read More