Bawan board declares dividend freeze for 2025

10:29 AM (Mecca time) Argaam
Bawan seeks to support the company’s financial position, cut debts and achieve its strategic goals

Bawan seeks to support the company’s financial position, cut debts and achieve its strategic goals

Bawan Co. said its board of directors decided today, March 30, not to distribute cash dividends for 2025 to support the company’s financial position.

 

The move aims to cut debts and develop the company's operating activities to achieve its strategic and transformation goals, according to a Tadawul statement.

 

Bawan’s net profit rose to SAR 218.30 million in 2025, compared with SAR 106.03 million in 2024, Argaam earlier reported.

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