Jarir approves FY 2018 financials, audit report

01/05/2019 Argaam

Jarir Marketing Co.'s shareholders have approved audited financial statements and audit report for fiscal year 2018, the company said in a bourse statement on Monday.

 

The board report for the same period was also endorsed and the board of directors was discharged from liabilities during FY 2018.

 

Shareholders also approved FY 2018 cash dividend at SAR 7.85 per share, totaling SAR 942 million.

 

A board remuneration of SAR 2.6 million was also approved for the previous fiscal year.

 

An external auditor was appointed for the current fiscal year.

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