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

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

ELEMENT LISTEXPLANATIONIntroductionFitaihi Holding Group is pleased to announce the results of the Ordinary General Assembly Meeting (First Meeting).City and Location of the General Assembly’s MeetingThe GA Meeting was held remotely from the Headquarters of the Company in Jeddah through means of modern technology.Date of the General Assembly’s Meeting2021-04-28 Corresponding to 1442-09-16Time of the General Assembly’s Meeting21:30Percentage of Attending Shareholders48.65375%Names... 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 25/04/2021, until 10:00 p.m., on the day of the General Assembly Meeting that will be held remotely through modern technology means, at 09:30 p.m.,... Read More

ELEMENT LISTEXPLANATIONIntroductionThe Board of Directors of Fitaihi Holding Group is pleased to invite its shareholders to attend the Ordinary General Assembly Meeting No. 22 (the first meeting), on Wednesday 28/04/2021 at 09:30 p.m., 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

ELEMENT LISTEXPLANATIONIntroductionFitaihi Holding Group announces the submission of the Application File to the CMA, on Tuesday 30/03/2021, for decreasing the Company’s Capital (for being over the Company’s need).Date of Submitting the Application File to CMA2021-03-30 Corresponding to 1442-08-17Application SubjectThe submission of the Application File to the CMA for decreasing the Company’s Capital (for being over the Company’s need).Date of... Read More

ELEMENT LISTEXPLANATIONIntroductionFollowing the Company’s announcement published on Tadawul website on March 7, 2021, regarding the Board of Directors’s recommendation to reduce the Company’s capital (being over the Company’s need), Fitaihi Holding Group is pleased to announce to its shareholders that it has appointed, on March 10, 2021, Wasatah Capital Company as a financial advisor to manage the process of... Read More

ELEMENT LISTEXPLANATIONIntroductionThe board of directors of Fitaihi Holding Group recommended reducing the Company’s capital as follows:Date of Board Meeting2021-03-04 Corresponding to 1442-07-20Capital before decrease550,000,000Capital after decrease275,000,000Percentage of Capital decrease50 %Number of Shares before Decrease55000000Number of Shares after Decrease27500000Reasons for the Capital DecreaseThe capital is over the Company’s needs.Method of Capital DecreaseCanceling 50% ​​of the number of shares and compensating... Read More

ELEMENT LISTEXPLANATIONIntroductionFitaihi Holding Group announces the decision of its Board of Directors to distribute cash dividends to its shareholders for the second half of the Fiscal Year 2020 as follows:Date of the board’s decision2021-03-04 Corresponding to 1442-07-20The Total amount distributed11,000,000 SARNumber of Shares Eligible for Dividends55,000,000Dividend per share20 Halals per sharePercentage of Dividend to the Share Par Value (%)2... Read More

ELEMENT LISTCURRENT YEARPREVIOUS YEAR%CHANGESales/Revenue113,212,22073,822,39053.357Gross Profit (Loss)83,347,91131,988,575160.555Operational Profit (Loss)46,339,424-3,795,447–Net Profit (Loss) after Zakat and Tax30,001,089-9,542,757–Total Comprehensive Income29,713,973-182,243–Total Share Holders Equity (after Deducting Minority Equity)626,251,316607,537,3433.08Profit (Loss) per Share0.55-0.17All figures are in (Actual) Saudi Arabia, Riyals ELEMENT LISTEXPLANATIONThe reason of the increase (decrease) in the net profit during the current year compared to the last year isThe reason for achieving a net profit... Read More