SAVOLA Group listed, in its annual report for 2013, the dates of releasing its quarterly financial statements in 2014 in addition to some significant dates and events for the year as follows:
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2014 Events |
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Notes |
Date |
Event |
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27 March |
Annual Senior Officers' meeting |
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27 March |
Ordinary General Assembly meeting |
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Q2 Events |
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Approving Q1 results and stock dividends |
17 April |
Board of directors meeting |
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17-21 April |
Q1 results |
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Distributed within 15 days of the Ex-dividends date |
17-21 April |
Stock dividends declaration |
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21 April- 6 May |
Savola Q1 newsletter |
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Q3 Events |
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Approving Q2 results and stock dividends |
16 July |
Board of directors meeting |
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16-20 July |
Q2 results |
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Distributed within 15 days of the Ex-dividends date |
July 16-20 |
Stock dividends declaration |
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20 July- 5 August |
Savola Q2 newsletter |
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Q4 Events |
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Approving Q3 results and stock dividends |
23 October |
Board of directors meeting |
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October 23- 28 |
Q3 results |
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Distributed within 15 days of the Ex-dividends date |
October 23-28 |
Stock dividends declaration |
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30 October- 10 November |
Savola Q3 newsletter |
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15 December |
Board approval of 2014 Budget plan |
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SAVOLA indicated in the report that it owns and runs 161 branches of Panda and Hyper Panda as shown in the following table:
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Panda and Hyper-panda Branches in KSA |
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Total |
Hyper-panda |
Panda |
Year |
|
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97 |
19 |
78 |
2008 |
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|
113 |
31 |
82 |
2009 |
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|
124 |
37 |
87 |
2010 |
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|
131 |
41 |
90 |
2011 |
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|
145 |
47 |
98 |
2012 |
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|
161 |
51 |
110 |
2013 |
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The company expects a profit of SAR 1.8bn in 2014 (before capital gains) out of which SAR 310m profit is expected for Q1.
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