According to the company's statement on the Saudi Stock Exchange (Tadawul) website, the reason for the decrease in net profit is due to:
- Operating revenues decreased during 2025 compared to 2024 by an amount of 3.8 million riyals.
- An increase in operating expenses during 2025 compared to 2024 by an amount of 2.5 million riyals.
- An increase in zakat expenditure compared to the differences of previous years by an amount of 0.9 million riyals as a result of zakat assessment for the year 2023 AD, and an increase in zakat expenditure for the year 2025 compared to the year 2024 by an amount of 0.1 million riyals.
Dividend distribution
The Board of Directors of Malakiyah Investment Company recommended distributing cash dividends to shareholders for the fiscal year 2025.
The company said that the total amount distributed was 7.8 million riyals, while the share of the distribution is 1 riyal per share.
She added that the entitlement date will be for the company’s shareholders who own shares at the end of trading on the day of the General Assembly meeting, which will be determined later, and who are registered in the company’s shareholder register at the Securities Depository Center (Edaa) at the end of the second trading day following the date of the General Assembly meeting.
She noted that the distribution date would be determined later, after the company's general assembly approves this recommendation.
Capital increase
The board of directors of Malakiyah Investment Company recommended to the extraordinary general assembly an increase in the company's capital by distributing bonus shares to shareholders through the capitalization of SAR 12 million from retained earnings. One bonus share will be granted for every 6.5 shares held.
She explained that the capital before the increase was 78 million riyals, while after the increase it will be 90 million riyals, representing an increase of 15.38%.
It reported that the number of shares before the increase was 7.8 million shares, while after the increase it becomes 9 million shares.
According to the company, this increase aims to further strengthen the company's financial solvency in line with its future aspirations, enabling it to implement growth plans and maximize returns for shareholders.
The entitlement date for the company’s shareholders who own shares at the end of trading on the day of the Extraordinary General Assembly meeting, which will be determined later, and who are registered in the company’s shareholder register at the Securities Depository Center (Edaa) at the end of the second trading day following the date of the Extraordinary General Assembly meeting.
In the event of fractional shares, the fractions are collected into a single portfolio for all shareholders to be sold at the market price, and then the amount is distributed among the eligible shareholders proportionally according to the percentage of ownership within a period not exceeding 30 days from the date of determining the shares due to each shareholder.
