Mulkia’s profits decreased by 31.3% to 16.67 million riyals in 2025
Mulkia Investment Company’s profits in 2025 decreased by 31.3% to 16.67 million riyals, compared to 24.27 million riyals in 2024.
According to the company’s statement on the website "Saudi Arabia trading"The reason for the decrease in net profit is due to:
– A decrease in operating revenues during the year 2025 compared to the year 2024 by an amount of 3.8 million riyals.
– An increase in operating expenses during the year 2025 compared to the year 2024 by an amount of 2.5 million riyals.
– An increase in zakat expense over previous years’ differences by an amount of 0.9 million riyals as a result of a zakat assessment for the year 2023, and an increase Zakat expense for the year 2025 compared to 2024 amounted to 0.1 million riyals.
Dividend distribution
The Board of Directors of Mulkia Investment Company recommended distributing cash dividends to shareholders for the fiscal year 2025.
The company said: The total amount distributed is 7.8 million riyals, while the share of the distribution is 1 riyal per share.
It added that the eligibility date will be for the company’s shareholders who own the shares. By the end of trading on the day of the General Assembly, 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.
It noted that the distribution date will be set later after the company’s General Assembly approves this recommendation.
Capital Increase
The Board of Directors of Mulkia Investment Company recommended to the Extraordinary General Assembly to increase the company’s capital by granting free shares to the company’s shareholders by capitalizing an amount of 12 million riyals from profits. Remaining. While one share will be granted for every 6.5 shares owned.
It explained that the capital before the increase is 78 million riyals, while after the increase it will be 90 million riyals, a 15.38% increase.
It stated that the number of shares before the increase was 7.8 million shares, while after the increase it will become 9 million shares.
According to the company, this increase aims to continue strengthening the company’s financial solvency in proportion to the company’s future aspirations, enabling it to Implementing growth plans and maximizing returns to shareholders.
The eligibility date for the company’s shareholders who own shares will be at the end of trading on the day of the extraordinary general assembly, which will be determined later, and who are registered in the company’s shareholder registry at the Securities Depository Center (Edaa) at the end of the second trading day following the date of the extraordinary general assembly.
In the event that there are fractional shares, the fractions are collected in one wallet for all shareholders to be sold at the market price, and then the amount is distributed among the eligible shareholders proportionately according to the proportion ownership within a period not exceeding 30 days from the date of determining the shares owed to each shareholder.
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