Bayion SEP. (Commercial symbol: beyon) The annual meeting of its regular general assembly for the year ending December 31, 2023 today at the company’s headquarters in Hamala – Bahrain, in the presence of the Chairman of the Board of Beyon, members of the Board of Directors and Executive Administration, in addition to representatives of KPMG Fakhro as the external auditor of Beyon Company and representatives of the Central Bank of Bahrain and the Ministry of Industry and Trade, Bahrain Stock Exchange and number From the shareholders.
During the annual general assembly meeting, the shareholders ’approval of the Board of Directors recommended the distribution of cash dividends for the fiscal year 2024, estimated at 53.9 million Bahraini dinars (143.0 million US dollars), which includes regular profits of 32.5 fils per share, knowing that the interim profits have been distributed previously by 13.5 fils per share in the second quarter of the year 2024, while the remaining profits will be distributed at a value 19.0 fils per share announced on April 21, 2025.
On this occasion, Sheikh Abdullah bin Khalifa Al Khalifa, Chairman of Beyon Board of Directors said: “The strong performance of the company in 2024 reflects our firm belief in creating added value to our shareholders, and our results highlight the extent of our strategy for digital transformation and the company’s commitment to implement the plans set to ensure sustainable growth and achieve positive returns on shareholders’ investments in line with aspirations Desired. “
Sheikh Abdullah bin Khalifa Al Khalifa expressed his thanks and appreciation to the shareholders, the board of directors, the executive administration and the team members for their contribution to Beyon’s success in 2024.
During the meeting, Andrew Caliseth, CEO of Beyon, presented a general overview of the achievements of 2024, highlighting strong financial performance and distinguished operational achievements. He also reviewed the ambitious strategic plans for the company’s 2025 growth with a focus on continuing to develop in the company’s main business sectors in the field of telecommunications and digital growth.
“We finished in 2024 a high level of performance in our business, with growth in our basic operations in the telecommunications sector, and the achievement of tangible gains in our digital projects. Our digital companies are witnessing an accelerated expansion in their operations, and within the scope of their presence in regional markets. Looking at the future, we plan to expand our innovative products, enhance digital infrastructure and launch solutions That focuses on customer service in a world that is getting more interconnected and connected. “
The CEO concluded by saying: “What we have achieved in the past year is the result of the concerted efforts of our global team, thanks to their continuous support and devotion to work, we look forward to another year full of growth and achievements.”
