Zawya - Press Releases: DGC B.S.C. (Closed) Achieves 36% Growth in Net Profit and Announces Formation of New Board of Directors During Annual General Meeting

Manama, Kingdom of Bahrain : DGC B.S.C. (Closed) announced strong financial results for the fiscal year ending March 31, 2026, recording a 36% growth in net profit, while annual profits increased by 24% compared to the previous year.

This came during the company’s annual general meeting, held on June 29, 2026, where shareholders approved the board of directors’ report, the consolidated financial statements for the fiscal year ending March 31, 2026, and the external auditors’ report.

The General Assembly also approved the Board of Directors’ recommendation to distribute cash dividends of 36.78% to shareholders, with the remaining balance transferred to retained earnings. It also adopted the Corporate Governance Report and the company’s compliance with the requirements of the Ministry of Industry and Trade for the fiscal year.

Following the conclusion of the Annual General Meeting, the newly appointed Board of Directors held its first meeting, during which Mr. Talal Ali Al-Zain was re-elected as Chairman of the Board, and Mr. Ibrahim Hussein Al-Jasmi was re-elected as Vice Chairman of the Board.

The new board of directors includes: Ali Jamil Al-Matrouk, Khalid Hamad Al-Yahya, Jaafar Adel Hassan, Adel Khalid Kurdi, Hamdan Ali Mustafa, Turki Abdulrahman Al-Suhaim, and Luay Ahmed Al-Zamil.

On this occasion, Mr. Talal Al-Zain, Chairman of the Board of Directors of DGC, said: “We achieved an exceptional year in terms of financial performance, with net profits increasing by 36%, while annual profit growth reached 24%. These results reflect the success of our long-term strategy in achieving tangible results, and provide a strong foundation for the next phase of DGC’s growth, and embody the strength of our business and the dedication of the management team.”

He added: “I thank our shareholders for the trust they have placed in us, and I look forward to continuing to serve the company as Chairman of the Board. As a new term of the Board begins, we will continue to focus on consolidating the principles of good governance and providing strategic guidance that contributes to enhancing long-term value for our shareholders.”

For his part, the company’s founder and managing director, Mr. Mohammed Nizam Khanji, said: “Last year marked a pivotal moment in DGC’s journey, as we achieved strong financial results and accomplished a number of important strategic milestones that strengthened the company’s position and paved the way for new phases of growth. With the support of the board of directors, we will continue to diversify our investment portfolio and explore new opportunities in existing and emerging sectors, while expanding our regional presence and maintaining a disciplined investment approach.”

As the company's founder and CEO, Mr. Khaled Mohammed Al Hammadi, stated: "Our financial performance reflects the commitment of our staff and our continued focus on achieving operational excellence across the group's various companies. As we continue our growth trajectory, we will continue to work on strengthening our business and raising our operational efficiency to achieve sustainable performance that supports our long-term strategic objectives."

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