Logo of Fesh Fash Snack Food Production Co.
Fesh Fash Snack Food Production Co.’s board of directors recommended on March 23 to withhold dividends for 2024.
The decision aims to support the company’s future growth, Fesh Fash said in a statement to Tadawul.
The recommendation will be submitted for approval in the upcoming shareholder meeting.
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The company paid its last dividend for 2023 at 18%, or SAR 0.18, per share, Argaam reported.
Fesh Fash posted a net profit rise of 59% to SAR 4 million in 2024, from SAR 2.5 million a year earlier.
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