Abdullah Al-Othaim Markets Company at the annual general meeting approved cash dividends of SAR 67.5 million for the fiscal year 2012, at SAR 3 per share, which represents 30% of the Company's capital as per the share value. The dividends will be disbursed to the shareholders starting from 4 May, 2013 through direct transfers to bank accounts linked to their investment portfolios.

Abdullah Al-Othaim Markets Company reported earnings results for the fourth quarter and year ended December 31, 2012. For the quarter, the company reported net profit amounted to SAR 60.5 million, and increase of 65.8% compared to the same quarter of last year SAR 36.5 million, and increase of 48.7% compared to third quarter of 2012 SAR 40.7 million. The operating profit amounted to SAR 53.5 million, and increase of 40.3% compared to the same quarter of last year SAR 38.1 million. The Increase in the company's net profit for the fourth quarter of 2012 compared to the same quarter of the last year was driven by 6.5% growth in sales of existing and new branches, and decreasing selling and marketing expenses in addition to recording the company's share in the profits of the affiliate company which was not recorded in the fourth quarter of 2011. The Increase in the company's net profit for the fourth quarter of 2012 compared to the previous quarter of the same year mainly attributed to the increase in other operating income and particularly the targets incentives, which is calculated at year end. In addition to decrease in selling and marketing expenses as well as increase in the company's profits from the affiliate company. For the year, the company reported net profit amounted to SAR 171.8 million, and increase of 14.4% compared to the same period last year SAR 150.1 million. Earnings per share were SAR 7.63 as compared to SAR 6.67 for the same period of last year. The operating profit amounted to SAR 156.1 million, decrease of 0.9% compared to same period of the last year SAR 157.6 million. The Increase in the company's net profit for the twelve-month of 2012 compared to the same period of the last year mainly due to increase in the company's share in the profits of the affiliate company, in addition to that, other expenses in the corresponding period include some non-recurring expenses which is not included in the current period, mainly, two-month salary for Saudi staff.

Abdullah Al-Othaim Markets Company reported earnings results for the third quarter and nine months of 2012. For the quarter, net profit was SAR 40.7 million, against SAR 36 million for the corresponding quarter last year, with growth ratio of 13%, and against SAR 36.8 million for the previous quarter with growth ratio of 10.7%. Operating profit was SAR 35.1 million, against SAR 32.7 million for the corresponding quarter last year, with growth ratio of 7.5%. The increase in net profit of the third quarter 2012 against third quarter 2011 was mainly due to growth in the profit of the affiliate company Abdullah Al-Othaim Real Estate Investment and Development Company, For the nine months, net profit was SAR 111.3 million, against SAR 113.6 million for the corresponding period last year, with decline ratio of 2%. Earnings per share was SAR 4.95, against SAR 5.05 for the corresponding period last year. Operating profit was SAR 102.6 million, against SAR 119.5 million for the corresponding period last year, with decline ratio of 14.1%. The decrease in the net profit for the nine-month period of 2012 against the corresponding period last year was due to the increase in operations costs, particularly staff cost and new stores pre-operating cost which adversely affected the gross profit.