Categories: Business

Americana Restaurants proposes cash dividend as net profit hits $259m in 2022


Thu, 2023-02-23 12:42

RIYADH: Americana Restaurants International and its subsidiaries recorded SR972 million ($259 million) net profit after Zakat and tax in 2022, registering a 27.12 percent increase compared to 2021. 
This is the first announcement of financial results by Americana after its historic concurrent dual listing on the Saudi Stock Exchange and Abu Dhabi Securities Exchange. 

According to a bourse filing, the Public Investment Fund-owned company maintained a strong growth momentum last year as revenues soared to SR8.9 billion, up 15.9 percent compared to 2021. 

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