ELEMENT LISTEXPLANATIONIntroductionFitaihi Holding Group announces its BOD’s approval on the resignation of the Member of the BOD, Dr. Mohammed Ahmed Hassan Fitaihi, from his membership at both Board and Investment Committee. The resignation was submitted on 28-06-2020 and approved by the BOD on 29-06-2020. The resignation shall take effect starting from 01-07-2020.The BOD of Fitaihi Holding Group extends its... Read More
Element ListIntroduction ExplanationThe Board of Directors of Fitaihi Holding Group is pleased to invite its shareholders to attend the Ordinary General Assembly Meeting No. 21 (the first meeting), at the meeting hall of Fitaihi Headquarters in Jeddah, on Wednesday 15/07/2020 at 6:30 p.m., through means of modern technology, using Tadwulaty System, pursuant to the Circular of the Capital... Read More
Share this: Facebook Twitter LinkedIn ELEMENT LISTEXPLANATIONIntroductionFitaihi Holding Group announces the signing of a (non-binding) Memorandum of Understanding with the executive board member Dr. Mohammed Ahmed Hassan Fitaihi (a related party) to sell the Group’s 80% stake in the capital of its subsidiary (Luxury Goods Trading Company Limited) to Dr. Mohammed Fitaihi, who owns 20% of the capital of this subsidiary, and he... Read More
ELEMENT LISTEXPLANATIONIntroductionIn reference to the announcement of Fitaihi Holding Group, published on Tadawul website on May 17th, 2020, regarding the work continuation of certain economic activities, which include retail stores and shopping malls during the permitted daily time up to May 22nd, 2020, (except for Makkah), Fitaihi Holding Group announces the continuation of the partial opening of its retail... Read More
Share this: Facebook Twitter LinkedIn ELEMENT LISTCURRENT QUARTERSIMILAR QUARTER FOR PREVIOUS YEAR%CHANGEPREVIOUS QUARTER% CHANGESales/Revenue20,183,53735,754,876-43.552,316,938771.129Gross Profit (Loss)10,664,10019,762,789-46.039-11,025,508–Operational Profit (Loss)-1,074,2367,000,777–-24,246,115-95.569Net Profit (Loss) after Zakat and Tax-2,414,5135,557,924–-24,733,603-90.237Total Comprehensive Income-21,861,15713,847,511–-20,518,7336.542All figures are in (Actual) Saudi Arabia, Riyals ELEMENT LISTCURRENT PERIODSIMILAR PERIOD FOR PREVIOUS YEAR%CHANGETotal Share Holders Equity (after Deducting Minority Equity)585,676,186646,317,097-9.382Profit (Loss) per Share-0.040.1All figures are in (Actual) Saudi Arabia, Riyals ELEMENT LISTEXPLANATIONIncrease (Decrease) in Net Profit for Current... Read More
Share this: Facebook Twitter LinkedIn ELEMENT LISTEXPLANATIONIntroductionIn reference to the announcement of Fitaihi Holding Group, published on Tadawul website on April 27th, 2020, in regards to the kind Royal Order issued on April 26th, 2020, regarding the reopening of some economic and commercial activities during the permitted daily time starting from April 29th, 2020, to May 13th, 2020, in the wholesale and retail... Read More
ELEMENT LISTEXPLANATIONAnnouncement DetailThe Board of Directors of Fitaihi Holding Group announces its resolution, issued on May 11th, 2020, to accept the resignation of one of its senior executives, the CEO of Fitaihi Retail Company, Dr. Mohammed Ahmed Hassan Fitaihi, from his position as a CEO of the Retail Sector at Fitaihi Holding Group, which he submitted on May 11th,... Read More
Share this: Facebook Twitter LinkedIn ELEMENT LISTEXPLANATIONIntroductionFitaihi Holding Group is pleased to announce the results of the Ordinary General Assembly Meeting (First Meeting) held on 05/05/2020, at 10:30 p.m., and after the quorum has been completed (according to the company’s Articles of Association).City and Location of the General Assembly’s MeetingThe GM was held remotely from Jeddah via means of modern technology, as per... Read More
Share this: Facebook Twitter LinkedIn ELEMENT LISTEXPLANATIONAnnouncement DetailFitaihi Holding Group is pleased to announce to its valued shareholders, that they will be able to vote remotely on the agenda of the Ordinary General Assembly Meeting starting from 10:00 am on Saturday 02/05/2020 until 11:30 pm on the day of the General Assembly Meeting that will be held through modern technical means, at 10:30... Read More
Share this: Facebook Twitter LinkedIn ELEMENT LISTEXPLANATIONIntroductionFollowing the announcements of Fitaihi Holding Group, published on Tadawul website on March 16th and 17th, 2020, and on April 7th, 2020, in regards to the temporary closing of the retail stores of its two subsidiary companies (Fitaihi Retail Company) and (Luxury Goods Trading Company Ltd) in Saudi Arabia and a branch in Kuwait, as a continuation... Read More