Ahmed Abdul Razzaq Bin Dawood, CEO of Bin Dawood Holding Firm
He stated Ahmed Abdel Razzaq bin DaoudCEO of the corporate Bin Dawood HoldingThe corporate continues to maneuver ahead in implementing its well-studied growth technique, because the monetary choices that had been taken lately, together with decreasing money dividends, come inside a strategic method aimed toward enhancing money liquidity administration and elevating the effectivity of financing structuring.
Bin Daoud added in reference to: numbersDirecting a portion of the excess money to repay loans represents a basic step in the direction of enhancing the corporate’s monetary flexibility in the course of the subsequent two years, particularly in gentle of the speedy growth and qualitative investments that the group has applied since 2022.
He added that the corporate made a sequence of necessary acquisitions that included: Worldwide Business Functions Firm, Icon Firm, Jumeirah Buying and selling Firm, Zahrat Al Rawdah Pharmacies Firm, and Toy Triangle Firm, along with extra acquisitions by way of subsidiaries. These offers contributed to increasing the group’s enterprise base, elevating its operational effectivity, and diversifying its sources of income.
The CEO indicated that the stability of financial institution loans amounted to about 350 million riyals as of September 30, 2025, and that the corporate goals to repay them throughout the subsequent two years, which boosts the solidity of the monetary place and prepares the group for a brand new section of development supported by sturdy inner sources.
He said that the acquired firms at the moment characterize roughly 15% of the consolidated group’s whole revenues, which is a transparent indication of the success of the diversification technique and improved profitability margins.
He pressured the continued growth of monetary data expertise, meals distribution and e-commerce, along with the corporate’s intention to enter the meals industries as a strategic step to help the availability chain and make sure the development of the retail and distribution sectors in the long run.
He defined that the corporate goals to keep up a gross revenue of between 32% and 33%, a share it has already exceeded within the present interval, with an aspiration to reinforce it by the top of the yr, in a sign of the effectivity of operations and the sustainability of efficiency.
He stated, “The retail sector is witnessing structural challenges that require excessive flexibility and adaptableness, stressing that Bin Dawood Holding adopts a balanced method that mixes maximizing shareholder worth and investing in a stronger and extra sustainable future.”
Based on knowledge numbersOn November 9, 2025, the Board of Administrators of Bin Dawood Holding Firm determined to distribute money dividends to shareholders on the price of 4% of the capital, equal to 0.04 riyals per share, for the primary half of 2025, which is the bottom since 2021.
And it went down earnings Bin Dawood Holding Firm, to 156.4 million riyals (earlier than excluding minority rights) by the top of the primary 9 months of 2025, by 8%, in comparison with income of 170.6 million riyals achieved throughout the identical interval in 2024, whereas third-quarter income elevated by about 15% to 40.2 million riyals.
