Riyadh – Mubasher: Saudi Industrial Services Co. (SISCO) said its ordinary general meeting (OGM) approved on Monday a cash dividend of SAR 0.50 per share, representing 5% of capital for FY15.
The OGM did not approve transactions with related parties and contracts executed in 2015 and renewed this year, according to the company’s bourse filing on Tuesday.
However, transactions with SISCO’s subsidiary Kindasa Water Services Company and other items on the agenda were approved.
SISCO’s financials showed a net profit of SAR 90.5 million in 2015, a 16% rise from SAR 78 million in 2014.
