Ladun board seeks to transfer SAR 24.03M to retained earnings

08/05/2024 Argaam

Ladun board seeks to transfer SAR 24.03M to retained earnings

Logo of Ladun Investment Co.


Ladun Investment Co.’s board of directors recommended transferring the company’s entire statutory reserve of SAR 24.03 million, as per the financial statements for 2023, to the retained earnings balance, the company said in a statement to Tadawul.

 

The board meeting was held on May 7, the statement added.

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