Al Yamamah Steel board recommends no dividend for H2 2021/22

22/12/2022 Argaam
Logo of Al Yamamah Steel Industries Co.

Logo of Al Yamamah Steel Industries Co.

Al Yamamah Steel Industries Co.’s board of directors recommended today, Dec. 22, no dividend payout for the second half of the fiscal year ended Sept. 30, 2022.

 

The company will rather focus on financing future projects, according to a statement on Tadawul.

 

The steel producer added that work is underway on Al Yamamah wind energy systems project in Yanbu Industrial City. The project’s commissioning is scheduled for Q3 2023.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.